Nov 27 (Reuters) - Australian miner South32 Ltd S32.AX said on Monday that its South Africa Energy Coal (SAEC) business would be run on a stand-alone basis and that it would also look to widen SAEC's ownership, possibly listing it on the Johannesburg Stock Exchange.
The company added in a statement that it would invest 4.3 billion rand ($305.14 million) in SAEC's Klipspruit Life Extension project (KPSX).
($1 = 14.0921 rand)