Coal of Africa, another Australian with roots in Africa, but one...

Coal of Africa, another Australian with roots in Africa, but one which also boasts impeccable management connections and is being closely followed by British and North American investors. The company will feature strongly at next month’s Mining Indaba conference in Cape Town, the first big gathering of the mining industry since last year’s crash and recovery. Since the stockmarket reopened last week, Coal of Africa’s share price has shot up from $1.90 to $2.36, a hint that a deal might be brewing, such as the introduction of fresh management with big growth plans.