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Firestone Energy rejects offer for Waterberg coal mine stake

Cecilia Jamasmie | April 03, 2012 | 1:17 pm Energy Africa Europe Coal 

Firestone Energy Limited (ASX/JSE:FSE) rejected today an offer from Tata Power to invest in a joint venture with Sekoko Resources to develop a coal mine in the Waterberg area of South Africa, saying the offer under-valued the assets. After the announcement,...

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