• Business model as medicine

    Revisiting your business model is a useful way to revive your business, says Ian Mann.

  • No sugar-coated pill

    The cost of uninformed medical consent runs into billions, says Mandi Smallhorne.

  • Greek tragedy

    Athens' relations with the EU was an accident waiting to happen, says Leopold Scholtz.

Loading...
See More

CoAL up on huge coal reserves jump

Jun 13 2012 12:00 Reuters

Company Data

COAL OF AFRICA LIMITED [JSE:CZA]

Last traded 0
Change 0
% Change 7
Cumulative volume 744000
Market cap 0

Last Updated: 03-03-2015 at 03:56. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

CoAL's Vele gets into gear

CoAL revenue rockets

CoAL vows to protect heritage site

Vele water use licence suspension lifted

CoAL's Vele water use licence suspended

CoAL rail plan angers farmers

 

Johannesburg - Coal of Africa [JSE:CZA] shares rose as much as 10% after the company reported a big jump in its coal reserves, following the addition of resources it gained as part of the Soutpansberg assets it recently acquired from Rio Tinto and Kwezi Mining.    

Mineable tonnes in situ increase three-fold to 2.004 billion tonnes, the company says.

“Coal of Africa has announced a significant increase to its coal resources. We believe coking coal is one of the more attractive commodities currently and Coal of Africa’s exposure to it makes it an attractive investment case,” Westhouse Securities says in a note.

 
coal of africa

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Fin24 has teamed up with Ian Mann, ace business book reviewer and author of the best-selling book “Managing with Intent,” to host the second Best Business Books Breakfast of the year where Ian will show you how to lead and attract.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Facebook as a tool for small business is:

Previous results · Suggest a vote

Loading...