Coalfield Resources shareholders have agreed to a proposed rights issue, enabling the group to repay costs which resulted from its restructuring earlier this year. The 2p-a-share rights issue will raise around £5m after expenses, which will be used to repay a bank loan taken out in May. Coalfie
Read moreThe Chairman of CLS Holdings cut his sizeable stake in the company this week while the Vice Chairman chose to increase his holding, just two days after the property group impressed the market with its first-half report. CLS said on Friday that Sten Mortstedt, the Chairman who established the firm i
Read moreThe coal miner and property developer formerly known as UK Coal, Coalfield Resources, said its property arm is doing well following a shake-up in which its former mining operations were hived off. Coalfield, which owns 24.9% of Harworth Estates Group, said the property business made a first half pr
Read moreShares in Coalfield Resources fell Monday morning after its part-owned subsidiary, UK Coal Mine Holdings, reported a 'major' underground fire at Daw Mill Colliery. UK Coal issued a statement saying that on Friday afternoon a major fire broke out underground at Daw Mill Colliery in Warwickshire and
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