The DRP is intended to provide a convenient way for shareholders to invest their dividends in new fully paid shares in Stanmore Coal, without paying brokerage and other associated costs.
At each dividend payment date, dividends on shares nominated by shareholders to be subject of the DRP are automatically invested in Stanmore Coal ordinary shares.
Read the article online at: https://www.worldcoal.com/coal/04092018/stanmore-coal-to-begin-dividend-reinvestment-plan/
Argus Media has reported that the Colombian government will propose a new carbon tax on coal consumption in the power and industrial sectors, according to coal federation Fenalcarbon's new President, Carlos Cante.