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Chinese miner buys a $25 million stake in Malaysian iron ore mines

Michael Allan McCrae | February 12, 2012 | 10:57 pm China Europe Iron Ore 

Chinese miner, Prosperity Minerals (PMHL.L), announced on Monday a US$25 million investment in Malaysian iron ore mines. After the completion of the transaction, the company will hold an effective 3.5% interest in a iron ore operation. All Wealthy owns a...

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