JSW support rescues S Africa mining company from major losses
Posted by Accountancy Africa on Apr 09, 2011 | Leave a Comment
From Economic Times India
JOHANNESBURG: Assistance from India’s JSW Energy Limited has resulted in mining company South African Coal Mining Holdings (SACMH) reporting a loss of 10.2 million rand, much lower than the R31.1 million reported previously.
But the future of the business will be heavily dependent on continued support from JSW, which holds a controlling interest...
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