Archive for March, 2008
Wescoal hopes for own output in 2 years
Wescoal intends to start to mine coal within a couple of years and has a number of possible prospects in Mpumalanga, KwaZulu-Natal and the Waterberg. "We are applying for prospecting rights. We should come up with good news in the next year, at least getting some prospecting rights," said chief financial officer Petrus Janse van [...]
Cautionary announcement
Shareholders are advised that Wescoal has entered into negotiations, which if successfully concluded, may have a material effect on the price of the company’s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company’s securities until a full announcement is made.