Oman’s Anvwar Asian Investments (AAI) has settled with Ferrum Crescent to buy a 35% stake in Ferrum Iron Ore. AAI will pay Ferrum Crescent US$10 million for the shareholding and also invest USD 3.5 million to the Moonlight iron ore ...
Tags: Ferrum Iron Ore
Shares in Ferrum Crescent jumped 10% as it released an operational summary of its activities in 2012. However, these include a new joint ore reserve committee compliant resource at Moonlight Iron Ore Project of 307.8 million tonnes at ...
Tags: Ferrum Crescent, operational summary, 2012, resource