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Forbes Coal to List in Johannesburg to Boost Revenue
Jul. 11, 2011 03:29PM PST
Industrial Metals InvestingReuters reported that Forbes Coal (TSE:FMC) wants to attract investment by listing on the Johannesburg Stock Exchange.
Reuters reported that Forbes Coal (TSX:FMC) wants to attract investment by listing on the Johannesburg Stock Exchange.
The market news is quoted as saying:
Coal miners in South Africa have been expanding operations, eager to benefit from rising demand for coal from Asia, although exports have been limited by infrastructure bottlenecks.