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South32 to spin off South Africa coal business

Cecilia Jamasmie | November 27, 2017 | 3:05 am Base Metals Energy Precious Metals Africa Australia Aluminum Coal Gold 

Australia’s South32 (ASX, LON, JSE:S32) said Monday it plans to spin off its South African coal operations, as it prepares for a possible initial public offering of the unit in Johannesburg. As part of the strategy, the miner will operate South...

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