High profile investor gives company a major boost

摘要

With a 1 billion US dollars price tag to develop its world class Yandera copper-molybdenum play in Papua New Guinea, Marengo Mining Ltd enters 2010 more than equipped to complete the project's current definitive feasibility study (DFS). The market was made to sit up and take notice of the company late last year when it welcomed George Soros on to its share register with a 19.9 percent stake via his investment vehicle Quantum Partners LDC.