Mbowenis Purchase 20% Stake in Iron Ore Mine

Mining Weekly the Mbowenis brothers in South Africa are planning to purchase 20% of the Tivani iron-ore project.

As quoted in the market news:

South Africa’s former Reserve Bank Governor and Labour Minister Tito Mboweni and his brother have done a $32-million deal with Ferrox for 20% of the Tivani iron-ore project in South Africa’s Limpopo province.

Click here to read the full Mining Weekly report.