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Vancouver precious metals firm expanding Chinese presence
Nov. 10, 2010 04:39AM PST
Base Metals Investing
BIV.com reports that Silvercorp Metals(TSE:SVM,NYSE:SVM,AMEX:SVM) is seeking to acquire a 70% stake in a Hunan province gold-lead-zinc mine.
BIV.com reports that Silvercorp Metals(TSX:SVM,NYSE:SVM,AMEX:SVM) is seeking to acquire a 70% stake in a Hunan province gold-lead-zinc mine.
The story is quoted as saying:
It has signed a share purchase agreement and a Sino-Foreign co-operative joint venture contract to acquire its stake in Yunxiang Mining Co. Ltd., a local, private mining company with operations located 220 kilometres southwest of Changsha, Hunan’s capital city.
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