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    First Uranium Shareholders May Vote Down AngloGold Deal

    Investing News Network
    Apr. 30, 2012 03:37PM PST
    Energy Investing

    Mining Weekly reported First Uranium (TSX:FIU) shareholders are threatening to vote down a deal to purchase a dump reprocessing plant and the sale of the Ezulwini gold mine.

    Mining Weekly reported First Uranium (TSX:FIU) shareholders are threatening to vote down a deal to purchase a dump reprocessing plant and the sale of the Ezulwini gold mine.

    As quoted in the market news:

    Olma Investments head of equities Nick Betsky said unless AngloGold Ashanti offered more than the $335-million that was on the table, his company and other investors representing around 41-million shares would vote against the deal, first proposed in March.

    Click here to read the full Mining Weekly report.

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