Coal of Africa Share News (CZA)

Thursday broker round-up UPDATE

African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target

Coal Of Africa Finalises RUB210 Million Facility With Investec

Coal of Africa Board Approves ZAR220 Million Expansion Plan

Coal Of Africa Says Makhado Project Granted Environmental Authorisation

Pearson's Ethridge cashes in ADRs

The head of Pearson's North America business raised almost a million dollars by selling American depositary receipts (ADRs) in the education publishing giant. Will Ethridge, who leaves Pearson at the end of 2013, sold 50,000 ADRs on August 30th for $19.6782 (£12.62) each - a total of $983,910. Pear

STOCKS NEWS EUROPE-Coal of Africa outperforms in lower AIM index

The FTSE AIM All Share index falls 0.1 percent, in line with the FTSE Small Cap index, while the midcaps are 0.4 percent lower. Coal of Africa is among the top performers on the AIM index, ahead 9.5 percent, after announcing the results of a Definitive Feasibility Study at its flagship Mak

Wednesday broker round-up UPDATE

Aggreko: UBS cuts target price from 1975p to 1850p downgrading from buy to neutral. JP Morgan revises target price from 1870p to 1800p and retains a neutral rating. Alliance Pharma: Investec shifts target price from 35.20p to 35.80p, while downgrading from add to hold. Associated British Food: UBS

Coal of Africa says to shut South African colliery

JOHANNESBURG, June 3 (Reuters) - Junior coal mining firm Coal of Africa plans to shut its Mooiplaats colliery in South Africa and will begin talks with unions and other parties on potential job cuts, it said on Monday. "(Coal of Africa) recognises the importance of conserving jobs, but at

Monday broker round-up UPDATE

Anglo Pacific Group: Finncap cuts target price from 320p to 279p staying with its buy recommendation. Ashtead Group: Citi takes target price from 660p to 750p and maintains a buy recommendation. Centrica: Berenberg ups target price from 370p to 380p keeping a hold recommendation. Coal of Afica: I

Wednesday broker round-up UPDATE

Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating. Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation. AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating. Antofa

Coal of Africa's production hit by strikes

Coal of Africa on Friday said production fell over the last three months of 2012 following strikes at its Mooiplaats mine in South Africa. The mining company reported a 24% quarter-on-quarter drop in run of mine coal output from 1.52m tonnes to 1.15m tonnes. Coal sales to the domestic market decl

Coal of Africa receives 80m dollars from Beijing Haohua Energy

AIM-listed mining company Coal of Africa has confirmed the receipt of 80m dollars for the conditional placement from Haohua Energy International company. This followed regulatory approvals from the Australian Foreign Investment Review Board, authorities in the People's Republic of China and approva

UPDATE 1-CoAL restarts Vele ops in S.Africa after floods

JOHANNESBURG, Feb 1 (Reuters) - Junior coal mining company Coal of Africa (CoAL) has restarted limited operations at its Vele colliery in South Africa following heavy rainfall and flooding around the mine. Operations at the mine, in the northern Limpopo province, were suspended earlier this

Coal of Africa suspends Vele ops in S.Africa due to rains

JOHANNESBURG, Jan 22 (Reuters) - Junior miner Coal of Africa (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 rai

Coal of Africa boosted by speedy subscription process

South African mining company Coal of Africa saw its shares rise after a wholly-owned subsidiary of Beijing Haohua Energy told the miner that it has received the requisite approvals ahead of schedule from the relevant Chinese authorities giving the go-ahead for the subscription for 100m dollars worth