Van Hoog offers US$70m to govt for Hwange Colliery

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Businessman Nicholas van Hoogstraten

A battle for control of struggling coal miner, Hwange Colliery Company (Hwange), has erupted after wealthy British tycoon Nicholas van Hoogstraten (pictured) offered US$70 million to buy out government shareholding in a bid to rescue the coal miner from total collapse.

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