Coal miner ZYL’s stock plunged on the ASX today, after it told the market it would no longer proceed with the purchase of a mine in South Africa. ZYL said a $5.6 million capital raising, which was to be used to fund the acquisition of the Mbila anthracite project, would also no longer take place.
ZYL backs out of mine buy
By Dan Wilkie
24/06/2013 - 14:57
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