Izimbiwa Coal – Phembani
Graspan is a private coal mining company in the Mpumalanga Province. Izimbiwa''s interest was purchased on 1 December 2005 for R195 million. Shanduka Resources entered into an agreement with Metorex Ltd and Grailton, with regard to the acquisition of all the shares in Wakefields for R425 million in July 2006. The acquisition was structured in ...