Coal of Africa To Acquire Thermal Coal Producers Nucoal Mining

Solved Africa (coal), coal development company operating in South Africa, plans to acquire thermal coal producers NuCoal Mining. This mining company has assets in South Africa in Mooiplaats coal mining area.

The acquisition of mining companies are part NuCoal African Coal Mining plans to enter the UK Listing Authority and trade on the Code Main Market of London Stock Exchange H1 2010.

Coal announced that they have put some cash up to 59.6m and continued acquisition strategy poundsteerling, exploration and development of metallurgy and projects of hot coal in South Africa.