Coal of Africa’s South African mine sale falters

摘要

South Africa-based coal producer Coal of Africa’snegotiations to sell its Mooiplaats thermal coal project toinvestment firm Blackspear Capital have broken down. Coal of Africa had planned to sell Mooiplaats for 250mnrand ($20.3mn) to fund the development of its 5.5mn t/yrMakhado project, which will produce hard coking coal andthermal coal.