Articles > Reference > News Wires, White Papers, and Books > AsiaInfo Services news wires > May 2009

Article: CHENZHOU MINING TO BUY 90% OF JIAXIN MINERALS

Article from:
AsiaInfo Services
Article date:
May 12, 2009
Copyright

AsiaInfo Services
05-12-2009
Chenzhou Mining to Buy 90% of Jiaxin Minerals

CHANGSHA, May 12, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chenzhou Mining Group Co., Ltd. (SZSE: 002155) plans to buy a 90% stake in Gansu Jiaxin Minerals Co., Ltd. from Power Fortune Resources Limited for CNY 80 million to CNY 120 million.

The Shenzhen-listed company said in a statement that it signed an agreement with Power Fortune Resources on May 11, 2009. The target company has gained four mineral exploration licenses, getting access to a total mining area of 41.62 square kilometers with an estimated geological reserve of 12-ton gold.

Power Fortune Resources, an overseas company engaged in mineral ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Chenzhou Mining to acquire gold project in Gansu.
China Business News;  May 14, 2009 ;     700+ words ... ... Stock Exchange-listed Chenzhou Mining Group Co. Ltd. signed ... project in Gansu Province, Chenzhou Mining announced on May 12 ... to the announcement, Chenzhou Mining will pay Power Fortune Resources Ltd. between RMB 80 million ...

Article: Chenzhou Mining to expand gold and antimony mining ...
China Business News;  April 15, 2008 ;     700+ words ...Chenzhou Mining to expand gold and antimony mining capacity Shanghai. April 15. INTERFAX-CHINA - Shenzhen-listed Chenzhou Mining Group Co. Ltd. (Chenzhou Mining), China's largest gold-associated antimony and ...

Article: Chenzhou Mining acquires mining rights to two gold ...
China Business News;  January 2, 2008 ;     700+ words ...Chenzhou Mining acquires mining rights to two gold ... January 2. INTERFAX-CHINA - Chenzhou Mining Group Co. Ltd., based in Hunan ... million ($19.18 million), Chenzhou Mining announced last Thursday. According ...

Article: Chenzhou Mining to launch IPO.
China Business News;  July 24, 2007 ;     700+ words ...Chenzhou Mining to launch IPO Shanghai. July 24. INTERFAX-CHINA - Hunan Chenzhou Mining Industry Co. Ltd. is planning to list ... a company announcement released today. Chenzhou Mining has a current share capital of 293 million ...

Article: Chenzhou Mining takes over antimony, tungsten miner ...
China Business News;  July 13, 2009 ;     700+ words ...Chenzhou Mining takes over antimony, tungsten miner ... Shenzhen Stock Exchange-listed Chenzhou Mining Group Co. Ltd. announced on July ... mine and its surrounding areas. Chenzhou Mining did not pay for the takeover, and ...

Article: CHENZHOU MINING GROUP BEGINS IPO IN SHENZHEN
AsiaInfo Services;  August 6, 2007 ;     330 words ...AsiaInfo Services 08-06-2007 Chenzhou Mining Group Begins IPO in Shenzhen SHENZHEN ... 2007 (SinoCast via COMTEX) -- Chenzhou Mining Group Co., Ltd., a leading antimony ... million shares for retail investors. Chenzhou Mining Group intends to invest the IPO proceeds ...

Article: CHENZHOU MINING FORECASTS 20-40% SLUMP IN 08 NET ...
AsiaInfo Services;  January 13, 2009 ;     362 words ...AsiaInfo Services 01-13-2009 Chenzhou Mining Forecasts 20-40% Slump in 08 Net ... Chinese nonferrous metal producer Chenzhou Mining Group Co., Ltd. (SZSE: 002155 ... economic downturn worldwide. And thus Chenzhou Mining turned its balance to red from black ...

Article: CHENZHOU MINING 08 NET PLUNGED 51.19%
AsiaInfo Services;  March 20, 2009 ;     327 words ...AsiaInfo Services 03-20-2009 Chenzhou Mining 08 Net Plunged 51.19% CHANGSHA ... Daily Business Beat via COMTEX) -- Chenzhou Mining Group Co., Ltd. (SZSE: 002155 ... equity 3.91%. Such a steep drop in Chenzhou Mining's net profit was mainly due to the ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives