New Sasol Mining BEE deal

October 12, 2007
A new coal mining company that got its name from an indigenous plant and was formed as the outcome of a R1.9-billion black economic empowerment (BEE) deal was announced by Sasol Mining yesterday.
The transaction gives Ixia Coal, a joint venture of Women Investment Portfolio Holdings (Wiphold) and Mining Women Investments, 20% of Sasol Mining's shares through the issue of new shares.

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