ICL Financial Services, a wholly-owned subsidiary of India Cements is surging its stake in Indo Zinc by an additional 39.84 per ce-nt. As a result, ICLFSL’s stake in Indo Zinc will increase to nearly 53 per cent, since it already held a 13 per cent stake in the latter. For full story, click here
Continue reading "ICL Financial acquired 53% Stake in Indo Zinc"
Friday, July 24, 2009
ICL Financial Services, a wholly-owned subsidiary of India Cements is surging its stake in Indo Zinc by an additional 39.84 per ce-nt. As a result, ICLFSL’s st-ake in Indo Zinc will incre-ase to nearly 53 per cent, since it already held a 13 per cent stake in the latter. For full story, click here
Continue reading "ICL Financial has acquired 53% Stake in Indo Zinc"
Wednesday, June 24, 2009
Canadian Zinc Corp. declared that Vatukoula Gold Mines plc, in which it holds a 20 per cent stake, has reported a surge in gold output for its quarter ended May 31. For full story, click here
Continue reading "Canadian Zinc declared Vatukoula Gold Mine surged production"
Tuesday, April 28, 2009
Vedanta Resources has purchased a 9.5% equity stake in Canada’s Hudbay Minerals for an undisclosed amount. The equity stake was bought by Vedanta’s unlisted unit Lakomasko BV, which is based in Amsterdam. Vedanta spokesman Robin Walker stated: They do control that stake. It Lakomasko is an organisation that is controlled by Vedanta Resources. For full [...]
Continue reading "Vedanta Resources purchased 9.5% stake in Hudbay Minerals"
Tuesday, April 7, 2009
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co. declared that it will subscribe for 15.5 million shares of Terramin Australia Limited, a lead and zinc mining firm in Australia. For full story, click here
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Thursday, July 30, 2009