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Silver Age (300221.SZ) gets mining right of copper-cobalt minerals in Congo

May 25, 2018


Abstract : Guangdong Silver Age Sci & Tech Co., Ltd. announced on late Thursday that its subsidiary, Congo Silver Age Sci & Tech Cobalt SARL, has recently obtained the mining rights of the PR12337 minerals.

矿业

BEIJING, May 25 (Xinhua) -- Guangdong Silver Age Sci & Tech Co., Ltd. (300221.SZ) announced on late Thursday that its subsidiary, Congo Silver Age Sci & Tech Cobalt SARL, has recently obtained the mining rights of the PR12337 minerals from Democratic Republic of the Congo’s Pyramide Copper.

Earlier, on March 16, Congo Silver Age Sci & Tech Cobalt SARL signed a contract with Pyramide Copper to buy the latter’s mining rights of the PR12337 minerals.

The transfer procedures of the above minerals were completed on April 4, 2018. The transfer was approved by the local authorities in May. (Edited by Jiang Zhengxu, Hu Pingchao, hupingchao@xinhua.org)


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