"VANMAG
Vanmag is a Magnetite/ Vanadium mine with a new order Mining License situated in Mokopane (Potgietersrus). Continental Coal, an ASX listed company, holds 66%, LIMDEV 26% and Local Community 8% of the shareholding in this company. Impondo Mining Resource Consultants (Pty) Ltd holds a 10% indirect share in the sale of Vanmag. Impondo is responsible for production, sales and day to day management of Vanmag."
BBB, looking at the Annual Reports 2011, 2010 & 2009 states CCC only has a 49% interest...![]()
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