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China's Zhongrun to nab 42% stake in Australian gold producer Noble Mineral

Marc Howe | September 27, 2012 | 3:59 am Precious Metals Australia China Europe Gold 

China's Zhongrun Resources Investment Corp is on track to acquire 42% of Australia's Noble Mineral Resources (ASX:NMG) for AUD$85 million as well as options to obtain a majority stake. Zhongrun's agreement to acquire Noble shares comes just as a jump...

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