|
|
Article: Wits Basin Completes Acquisition of China Global Mining Resources.
- Article from:
- Business Wire
- Article date:
- August 2, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MINNEAPOLIS -- Wits Basin Precious Minerals Inc. (OTCBB:WITM) is pleased to announce that it has completed its acquisition of China Global Mining Resources, a British Virgin Islands corporation ("CGMR").
About China Global Mining Resources
CGMR owns rights in certain acquisition agreements relating to gold, nickel and iron ore mining properties in the People's Republic of China ("PRC"). The producing gold property, known as the Tongguan County Taizhou Gold Mining Co., Ltd., is located in the Shaanxi province. The nickel property is the Xing Wang Nickel Mine located in the Qinghai province. The Lao Wan Iron Deposit is located in the Hubei province. The ...