Hi chaps,
Found this piece of news re: BHP's activities in SA. Pardon my ignorance for i am new to the investing scene, but what impact (if any) is this likely to have on coal production and more importantly CZA's operations in that region?
"Global miner BHP Billiton expects to invest another $US975 million ($A1 billion) in further development of its coal mining operations in South Africa, after approving the Douglas-Middelburg optimisation (DMO) project on Friday."
http://www.businessspectator.com.au/bs.nsf/Article/BHP-to-invest-in-South-Africa-coal-CC4V2?OpenDocument
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