Minmetals eyes South Africa chromite resource

Dec 29, 2008 | 10:31 AM |

China Minmetals Corp. plans to purchase a 70-percent stake in Vizirama 148 (Pty) Ltd., a South African mining company with rights to a chromite resource in the country.

Vizirama owns the exploration rights for a deposit at Townlands in South Africa. Minmetals' purchase of the stake will enable it to lead the first stage of....

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