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17
Aug
2018
Wescoal to dispose of LBC assetsBy:Contributing Editor Online COAL JSE-listed Wescoal has, through its wholly-owned subsidiary, Leeuw Braakfontein Colliery (LBC), entered into a sale of assets with Sitatunga Resources in terms of which LBC will dispose of its LBC assets in KwaZulu-Natal. The total consideration for the disposal is R103-million and will be paid in cash from funds within the Sitatunga group.
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