China Xingye Mining Gets Approval for M & A, Adding to Zinc, Silver Reserves

Sep 28, 2016 17:24

Source:SMM

China-based Xingye Mining Co. got approval for acquiring two companies which significantly adds to its zinc and siliver reserves, according to chinastock.com.

SHANGHAI, Sep. 28 (SMM) - China-based Xingye Mining Co. got approval for acquiring two companies which significantly adds to its zinc and siliver reserves, according to chinastock.com.

Xingye Mining Co. bought a 100% stake in Yinman Mining Co. and Qianjinda Mining Co. After the M & A, its zinc reserves will add over 900,000 tonnes.

The two companies have 9,446.38 tonnes and 714.75 tonnes of silver reserves, respectively.

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zinc reserves

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China Xingye Mining Gets Approval for M & A, Adding to Zinc, Silver Reserves

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