17th Mar 2015 10:04
LONDON (Alliance News) - Bushveld Minerals Ltd on Tuesday said Lemur Resources Ltd, in which is holds a controlling stake, has signed a deal to acquire the Zaaiplaats tin project in South Africa.
Lemur, in which Bushveld holds a 58.46% stake, will buy 99.1% of Zaaiplaats Mining Pty Ltd under the deal for ZAR2.5 million.
Bushveld shares were up 5.1% to 2.47 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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