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CoAL suspends Vele ops due to rains

Jan 22 2013 07:57
Reuters

Company Data

COAL OF AFRICA LIMITED [JSE:CZA]

Last traded 1
Change 0
% Change 10
Cumulative volume 280863
Market cap 0

Last Updated: 17-02-2017 at 02:20. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Junior miner Coal of Africa [JSE:CZA] (CoAL) said on Tuesday it had suspended operations at its Vele colliery in South Africa after heavy rains led to flooding at the mine.

"CoAL expects normal operations to resume in approximately seven days subject to receding rainfall," it said in a statement.  

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coal of africa  |  floods

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