Metals & Mining

Tue, 03/02/2010 - 16:39

China Precious Metal to buy stake in Australian Gold Miner

Shanghai. March 2. INTERFAX-CHINA - Hong Kong Stock Exchange-listed China Precious Metal Resources Holdings Co. Ltd. (CPM), formerly known as China Force Oil and Grains Industrial Holdings Co. Ltd., a major domestic edible oil trader, has entered into an agreement to buy a 12.76 percent stake in Norton Gold Fields Ltd. for AUD 19.96 million ($17.98 million), Norton Gold announced on March 2.

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