mineral exploration project – commodity prices – mining stock- trade and market

Optimum Coal Holdings Ltd., a coal mining concern owned by black South Africans, Monday said it plans to float on the Johannesburg bourse during the first half of the year in order to raise capital.

The company has applied to list its shares on the main board of the JSE Ltd., and said a prospectus including full details of its offer will be published in due course.

Middle East Coal (MEC) is a joint venture between the coal companies United Arab Emirates, RAK Minerals and Metals...