1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Vast takes full ownership of Romania mine

By:  
Creamer Media Contributing Editor Online
 
DIVERSIFIED MINERS
Aim-listed miner Vast Resources now owns 100% of the Manaila polymetallic mine, in Romania, following the completion of the acquisition of the remaining 49.9% of Sinarom Mining Group from vendor Ni Jin Ming. This follows the settlement of $1.14-million in debts associated with the company's acquisition of its original 50.1% interest in Sinarom – $400 000 is payable by month-end, with the balance of $735 000 due on April 30.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register