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CHINA'S Zhongrun Resources Investment has come to the

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ShortonCash   Friday, 09/28/12 07:59:21 AM
Re: B402 post# 65
Post # of 95 
CHINA'S Zhongrun Resources Investment has come to the rescue of Perth gold company Noble Mineral Resources, offering between $84.7 million and $140m to take a potential controlling stake, help Noble pay back loans and let the miner get its Bibiani gold project in Ghana back on track.

http://www.bullionstreet.com/news/zhongrun-investment-boosts-noble-mineral-shares/2984

Zhongrun Resources Takes 42% Stake in Noble Mineral

Zhongrun Resources Investment Corp (SHE: 000506) said it agreed to pay $88 million for 42% of Noble Mineral Resources, an Australian gold miner. Zhongrun Resources also has the privilege to increase its stake in Noble Mineral Resources to 51.6%. Chinese resources firms are seeking acquisitions overseas to meet growing domestic demand for gold.

http://www.thechinaperspective.com/articles/chinacorporaten-9730/

Webcast: Noble Mineral Resources sees $84.7M
investment by Chinese mining group
NOBLE MINERAL RESOURCES LIMITED (NMG) has released a webcast

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