Heavy December rains push Wescoal into a loss
Unprecedented rainfall in December weighed on the junior coal producer in its year to end-March
21 July 2020 - 10:55
Junior mining company Wescoal slipped into a loss in its year to end-March after heavy rainfall in December hit production.
The group posted a loss of R136.6m, from profit of R88.2m previously, with rainfall of 343mm in December resulting in as much as 15 days’ equivalent production loss at each of its operations...
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