China Mining Resources to buy 73% stake in gold mine

摘要

China Mining Resources Grouphas agreed to buy a 73% stake in TongguanCounty Gold Mine at HK$140.4 million ($18.2million), the company headquartered in HongKong said in a filing to the Hong Kong StockExchange late Thursday.Under an agreement signed on August 4,China Mining Resources’ subsidiaryCombined Success, which owns a 27%stake, agreed to buy the other 73% stakefrom investment companies ForeverSuccess and Supreme Success, which have43% and 30% share respectively.