8th May 2014 13:35
LONDON (Alliance News) - Coal of Africa Ltd said Thrusday that it had received an insurance claim of USD1.5 million, following the derailment of 10 wagons on the Maputo rail corridor between Tenga and Matola Gare in Africa.
The derailment had led to all rail traffic between Komatipoort and Maputo being suspended for seven weeks.
Shares in Coal of Africa were trading down 2.8% at 5.01 pence Thursday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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