Not sure what all that was...but a look on google for Mundaerno...

Not sure what all that was...but a look on google for Mundaerno in last 7 days and KABAM! the JV is all over the Chinese websites. It's crap that Australian investors don't get the same sort of news as people in China. And the announcement on Commsec was gone the next morning!

One translated by google below.
------
China Coal Geology Bureau recently in Canberra with Australian-listed mining company Australian Capital Corporation, China Metallurgical Co., Ltd. jointly signed an agreement to invest in Australia, co-founded into the lignite coal injection technology, energy companies, China Energy and Mining Corporation.

In addition, the three parties also signed a "uranium project in South Australia Mundaerno" cooperation agreement. Chinese Embassy in Australia, Minister Counsellor Xue Bing and other official and business representatives in Australia nearly fifty people attended the signing ceremony.

China Coal Geology Navy Secretary Xu before signing to accept an interview with Xinhua News Agency said China Coal Geology Bureau will give full play to the field of mineral exploration in the professional advantages of sending outstanding geological experts and technicians, using advanced technology , into excellent equipment for all parties to cooperate to provide a solid technical support at the "going out" has made positive progress in Australia and establish a good image.

Australian Capital mining company chairman Richard Hayne and China Metallurgical Investment Australia Limited Yang Dongdong were also said it would make joint efforts in economic development between Australia and China to explore investment opportunities, market, promote mutual understanding, deepen exchanges and cooperation .
---------