8th World Antimony Forum
Jun 11-12, 2020
Guiyang, Guizhou, China
12th Rare Earth Summit
May 18-19, 2020
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 14-15, 2020
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 16-17, 2020
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
Mar 12-13, 2020
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Jinshi Resources to acquire 80% of equity in Ningguo Zhuangcun Mining
2019-12-06 14:27:18 【Print】
Jinshi Resources announced on December 5 that the company intends to acquire an 80% stake in Ningguo Zhuangcun Mining Co., Ltd. with RMB27.95 million (USD3.98 million). The company will also need to provide a non-interest-bearing loan of RMB76.05 million (USD10.82 million) to Ningguo Zhuangcun Mining for its debt repayment as of October 31, 2019.
Ningguo Zhuangcun Mining has mining rights in the Zhuangcun fluorite mine in Ningguo with a resource reserve of 1.0863 million tons and a remaining recoverable reserve of 649,000t. The production scale of the mine is 50,000t per year and the estimated mine life is 14.62 years with an average grade of 52.15%.
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Ningguo Zhuangcun Mining has mining rights in the Zhuangcun fluorite mine in Ningguo with a resource reserve of 1.0863 million tons and a remaining recoverable reserve of 649,000t. The production scale of the mine is 50,000t per year and the estimated mine life is 14.62 years with an average grade of 52.15%.
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