Shanduka buys Metorex's coal assets for R425m

July 7, 2006

Local diversified midtier miner Metorex has sold its Wakefield coal operation to black economic-empowered (BEE) miner Shanduka Coal for R425-million, Metorex announced on Friday...

Shanduka Coal is part of the bigger Shanduka group led by politician-turned-businessperson Cyril Ramaphosa.

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