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About the company: Wescoal Holdings Ltd [JSE:WSL]

by , 15 June 2015

Wescoal is a coal mining and trading company listed on the Johannesburg Stock Exchange. Its interests lie mainly in South Africa…

Full name: Wescoal Holdings Limited
Short name: Wescoal
Ticker: WSL
Sector: Basic resources – mining

Five top facts about Wescoal Holdings

Fact #1:
Wescoal Holdings has a listing on the Johannesburg Stock Exchange under ticker symbol WSL. The company listed in July 2005. Wescoal Holdings initially had a listing on the Johannesburg Stock Exchange’s AltX before making a move onto the main board.

Fact #2:
Two divisions make up Wescoal Holdings’ business:

  • Coal trading. It buys coal from other small mines and sell it to end users, like Eskom; and
  • Coal mining: This involves coal mining, exploration and processing.

Fact #3:
Wescoal Holdings employs over 200 people across its operations.

Fact #4:
Wescoal Holdings’ coal mining division contributes the most to the company’s profits. It accounts for 92% of profit from operations. Its coal trading division makes up the remaining 8%.

Fact #5:
Wescoal Holdings holds the following companies under its umbrella:

  • Wescoal Mining (Pty) Ltd, which owns Wescoal Exploration (Pty) Ltd;
  • Wescoal Mineral Recoveries (Pty) Ltd; and
  • Wescoal Trading (Pty) Ltd, which owns Blanford 006 (Pty) Ltd.

Chart of Wescoal Holdings’ share price

Chart of Wescoal Holdings' share price

Financial information

For more financial information about Wescoal Holdings, click here.

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About the company: Wescoal Holdings Ltd [JSE:WSL]
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