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Coal of Africa Climbs Most in Eight Months After Securing Vele Coal Permit
Jul. 06, 2011 02:56PM PST
Industrial MetalsBloomberg reported that shares of Coal of Africa (ASX:CZA) were up on news it had received a permit to resume mining at the Vele project.
Bloomberg reported that shares of Coal of Africa (ASX:CZA) were up on news it had received a permit to resume mining at the Vele project.
The market news is quoted as saying:
The stock advanced 1.20 rand, or 15 percent, to 9.29 rand as of 9:03 a.m. in Johannesburg, the biggest intraday increase since Nov. 12.
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