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China Xingye Mining Gets Approval for M & A, Adding to Zinc, Silver Reserves
Sep 28, 2016 17:24Source: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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Xingye Mining Co.
zinc reserves
silver reserves
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