Coal is the big winner in Cristal investment challenge

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Top five participants at the end of July all picked Thungela Resources

Coal mining stocks may be out of favour with environmentalists and climate-change activists, but one has been good news for the leaders in this year’s Cristal Challenge, all of whom picked a coal stock that has jumped more than 200% this year.

Coal producer Thungela Resources, spun out of Anglo American in 2021, drove the success of the leaders in the competition, the brainchild of stock market industry veteran David Shapiro...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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