| Abstract: |
JSE-listed Sentula Mining has advised its shareholders that the contemplated R686-million sale of its 49,9% interest in the Koornfontein coal mine, in Mpumalanga, would no longer take place.
In a statement released on Friday, Sentula reported that notwithstanding the successful conclusion of the due diligence investigation carried out by the potential purchases, the company has been notified that the potential purchaser, a consortium, comprising the Africa Commodities Group and the Bravura Group, would not be able to conclude the sale within the agreed time period. |