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African Iron confident, with or without Equatorial

FALLING short of recommending the takeover offer for African Iron by South Africa’s Exxaro Resources, major shareholder Equatorial Resources says it “welcomes its interest in the Mayoko region”.

MiningNews.Net
African Iron confident, with or without Equatorial

Equatorial is African Iron’s second largest shareholder, behind Cape Lambert Resources, with a 19.81% stake. Cape Lambert, which holds a 25.25% stake, has already entered into a pre-bid agreement with...

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