UMC united minerals corporation nl
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phone call from umc, page-29

  1. westcott
    8,602 Posts.
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    17/01/10
    16:22
    Post #: 6212302
    Hi All.

    Just a bit about CRM from July 2008.

    China Railway Group said on Friday it will cut its capital commitment to a Congo project to $2.64 billion from $4.04 billion and lower its stake as a state-owned resource firm joins the venture.
    State owned China Metallurgical Group Corp,a resource development company,will take a 20% stake in the project and offer financing,,China Railway,the country's largest railway ans highway builder,said in a statement.

    Regards
    Westcott.



    UMC Price at posting: $1.29 Sentiment: None Disclosure: Not Held
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