TYX 0.00% 0.4¢ tyranna resources limited

Ann: Tyranna ready to complete Sinomine transaction, page-22

  1. 70 Posts.
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    Nope, Sinomine is NOT a Chinese state-owned company. Yes, it's originated from a government organization, but become a “joint-stock enterprise” after privatization and went public later in 2014. The "parent" company it originated from and also its largest shareholder, China Nonferrous Metals Mining Group, owns only 14% of its shares. So, I would say it's not state-owned in any sense. However, because of its history, it has the Sino prefix which does give it some sort of status
 
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