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Zero revenue for Coal of Africa

Care and maintenance of key projects dries up revenue.

Noel Dyson
The Vele colliery, one of several Coal of Africa has on care and maintenance.

The Vele colliery, one of several Coal of Africa has on care and maintenance.

The company’s operations were on care and maintenance through the 2016-17 financial year, yet it still managed to reduce its loss for the year to $10.2 million – down from the $13.1 million in the 2016...

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