Ferrum Crescent exits South African iron-ore assets to focus on Spanish projects

July 3, 2017

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European lead-zinc explorer Ferrum Crescent will sell its Mauritian-based subsidiary Batavia, which holds its South African assets. The triple-listed company said the A$1 000 sale to NPSPL Africa Holdings and its Ngwenya Capital black-economic empowerment partner, includes the Moonlight iron-ore project in Limpopo.

Category: General