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Article: BRIEFING - ASIA MINING - APRIL 29, 2008.
- Article from:
- AsiaPulse News
- Article date:
- April 29, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. 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)
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An executive briefing on mining for April 29, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
MURCHISON METALS' SHARES SOAR AS SINIOSTEEL TAKES MINOR STAKE
MELBOURNE - Shares of Australia's Murchison Metals Ltd (ASX:MMX) have jumped more than eight per cent after the iron ore miner revealed that potential predator Sinosteel Corp had built up a minor stake in the company.
The two companies are not strangers, having fought each other for control of junior iron ore miner Midwest Corporation Ltd (ASX:MIS), but speculation is mounting that ...