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Sable Mining Africa Ld

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Market:
AIM
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52 weeks high
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52 weeks low
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In brief

Sable Mining Africa Ltd is an AIM listed resource company focussed on mining assets in sub-Saharan Africa.

The primary objective of the Company is to benefit from early exposure to mining businesses or assets, primarily coal and iron ore, in under-developed locations which have the potential to attract substantial foreign investment and which have the potential for rapid and sustainable growth.

The Company, through its investment in South African coal mining company, Delta Mining Consolidated Ltd (‘DMC’), has interests in four major coal projects in South Africa and Botswana in established coal producing regions, all with active development programmes in place to raise their current resource base.  Sable Mining also owns 80% of Monaf Investments (Private) Ltd which holds the Lubu Coal concession in the Bulawayo Mining District of Zimbabwe and a 61% interest in the Gulukwane iron ore project in the Limpopo province of South Africa. 

Sable Mining Africa is traded in the ISDX Exchange HERE