Beacon Hill Resources puts Minas de Moatize for sale


In additional bad news for the Moatize coal, according to Macauhub, Beacon Hill Resources (will have to sell Minas de Moatize, its coal asset in Mozambique due to its inability to secure financing, and its consequent failure to service its debts, the company said in a statement. The full company’s statement can be seen here in the Jan … Continue reading Beacon Hill Resources puts Minas de Moatize for sale