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    iron-investing

    Mbowenis Purchase 20% Stake in Iron Ore Mine

    Investing News Network
    Jan. 11, 2012 02:35PM PST
    Base Metals Investing

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

    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.

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