Hwange Colliery Company Limited

Hwange Colliery Company Limited (HCCL) says it is targeting to increase its coal production by 29.3 percent to 300 000 tonnes per month by June this year as it continues to pursue its scheme of arrangement and turnaround plan.
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Hwange Colliery Company Limited (HCCL) plans to sell Hwange town for $300 million to among other obligations offset over $70 million it owes employees in salary arrears dating back to five years.
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British tycoon Nicholas van Hoogstraten says Hwange Colliery Company Limited (Hwange) shareholders have begun discussions to turn around the coal producer’s fortunes.
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Hwange Colliery Company Limited (HCCL) has suspended negotiations concerning a material transaction, which was going to have an effect on the price of the company’s shares, had it been concluded.
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Listed coal miner Hwange Colliery Company Limited reduced its loss by 51 percent to $43,8 million in the year to December 31, 2017, from $89,9 million recorded in the previous year on improved coal output during the period under review.
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The revival of the National Railways of Zimbabwe (NRZ) is expected to help Hwange Colliery Company Limited overcome the high costs of transporting coal by road, the company said in its results ending December 2017, released on Thursday.
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Spouses of Hwange Colliery Company Limited (HCCL) workers are still camped at the entrance of the firm’s management office where they have since pitched a tent.
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Hwange Colliery Company Limited (HCCL) will start paying its workers full salaries this month while Government negotiates a bailout to meet the lumpsum payment demanded by the workers, a Cabinet Minister has said.
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Legislators yesterday grilled Justice, Legal and Parliamentary Affairs minister Ziyambi Ziyambi over government’s silence on the salary impasse at the Hwange Colliery Company Limited (HCCL)
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Tri-listed coal miner, Hwange Colliery Company Limited (HCCL), has revived plans to construct a new coke oven battery, it has been learnt.
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