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

Galileo receives first proceeds from Glenover sale

By:  
Creamer Media Online Writer
 
M&A
London-listed mining development Galileo Resources has received R50-million, or £2.4-million, in respect of the Glenover unconditional asset sale between Glenover Phosphate and JSE-listed Afrimat. The company has also received royalties of $118 000, or £86 000, due under a Star Zinc sale agreement, from the first three shipments having been made.
 
 
 
 
 

Latest content...

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