Johannesburg-listed shares of Coal of Africa surge more than 9%, adding to a 4% gain in the previous session, when the coal mining and exploration company said Beijing Haohua Energy Resources has won Chinese regulatory approval to invest $100m in it.
Coal of Africa, which has its primary listing in Australia, is up 9.3% at R3.18, making it the second-biggest percentage gainer on the All-share index.
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