Metals & Mining

Wed, 02/03/2010 - 14:42

Ningxia Dayuan to buy Inner Mongolian gold miner

Shanghai. February. 3. INTERFAX-CHINA - Shanghai Stock Exchange-listed Ningxia Dayuan Chemical Co. Ltd. announced on Feb. 3 that it plans to issue up to 110 million non-public new shares to raise RMB 2.1 billion ($307.61 million), in order to fund the purchase of a gold miner in the Inner Mongolia Autonomous Region.

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