Must be fairly sure that what they found will prove out, going after the control of the company.... Speaks well of the new finds and the drill around the North Bibiani... BVIG EKOM EY YA
Chinese come to Noble's rescue
BY: MATT CHAMBERS From: The Australian September 28, 2012 12:00AM
Increase Text Size
Decrease Text Size
Print
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.
The deal boosted Noble shares by 38 per cent yesterday when they came out of a suspension entered seven weeks ago when the West African-focused junior tried to raise cash to ramp up Bibiani and pay back a $US26m ($25m) Investec loan on which covenants had been breached.
News 
Market Data 
Discover 
AI
