I’ve spent a bit of time on the Investec UK website.
In light of the update yesterday on US & Colombian Coal Projects this blurb might give some further background ….
http://www.investec.co.uk/products-and-services/finance-and-lending/infrastructure-resource-and-export-finance/commodities-and-resource-finance.html
Whilst on that page have a look at the two recent investments by Investec in the US – they being Hendricks Coal & Appleton Coal and the little spiel that goes with each of them.
Some background on Hendricks
http://conf.mccloskeycoal.com/story.asp?storycode=78544
http://hendricksresources.com/
Like Hendricks, Appleton Coal is also based in Charlestown.
For a general overview of the Investec UK view of investing in Africa, try this …
http://www.investec.co.uk/research-and-insights/africa-a-case-for-investment.html
It’s also worth noting that the name Mark Wellesley-Wood appears as one of Investec’s Brokers on the footing of yesterday’s CCC announcement (see page 3). A very interesting name for all lovers of SA corporate history.
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