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Australia’s Perilya likely to be swallowed by Chinese firm, its major shareholder

Cecilia Jamasmie | August 30, 2013 | 6:00 pm Precious Metals Australia China Europe Silver 

Perth-based miner Perilya (ASX:PEM), which owns the famous Broken Hill lead-zinc-silver mine that gave birth to BHP Billiton, is likely to be absorbed by Shenzhen Zhongjin Lingnan Nonfemet Co (SZLN) —its major shareholder— in a deal worth around US$180 million....

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