China Africa Sunlight Energy Limited has been granted special mining rights to start coal mining as the company pledged an initial $10 million towards the construction of a dam in Gwayi.The company is a joint venture between Old Stone Investments, a local vehicle and Shandong Taishan Sunlight, a Chinese conglomerate, which focuses on coal mining, methane coal bed gas extraction and thermal power generation.
China Africa Sunlight Energy Limited intends to start building a coal mine early next year.
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