"Coal miner Sibanthracite postponed its planned London stock market debut, blaming current market conditions and investor sentiment towards the global mining sector.
By Thursday, the day the order books on the sale closed, the company had not received enough orders for all of the shares on offer, according to market sources.
"Sibanthracite … today announces that it has decided to postpone its initial public offering," the company said in a statement to the stock exchange Friday."
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