Severstal takes control of the project in Liberia

Russian steel company Severstal Group buys Afferro Mining 38.5% stake in iron ore project Putu in Liberia. The press service of the Russian giant.

The corresponding decision was made by shareholders Afferro. Acquire a stake in the project company Lybica Holding, which is an indirect subsidiary ofSeverstal.Previously, the sale was approved by the Toronto Stock Exchange, where the shares are traded Afferro Mining. According to the contract of sale on December 23, 2011 the transaction will close no later than February 28, 2012.It is known that iron ore deposit Putu submit a report containing iron

Continue reading Severstal takes control of the project in Liberia

Severstal takes control of the project in Liberia

Russian steel company Severstal Group buys Afferro Mining 38.5% stake in iron ore project Putu in Liberia. The press service of the Russian giant.

The corresponding decision was made by shareholders Afferro. Acquire a stake in the project company Lybica Holding, which is an indirect subsidiary ofSeverstal.Previously, the sale was approved by the Toronto Stock Exchange, where the shares are traded Afferro Mining. According to the contract of sale on December 23, 2011 the transaction will close no later than February 28, 2012.It is known that iron ore deposit Putu submit a report containing iron

Continue reading Severstal takes control of the project in Liberia

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