Raytec Beefs Up its Interests

摘要

By snapping up Lion Petroleum, which had stakes in two blocks in Kenya, Raytec has become a sizeable player in exploration in east Africa.rnThe Canadian mining concern Raytec Metals Corp, which made its debut in oil exploration in June, has just acquired 50% of Block 1 in Kenya and 100% of block 2B by buying out its countryman, Lion Petroleum.