#Latest news with #tinmineBloomberg6 days agoBusinessBloombergAbu Dhabi's IRH Buys Control of Alphamin's Tin Complex in CongoAbu Dhabi's International Resources Holding agreed to acquire a majority stake in Alphamin Resources Corp., gaining access to one of the world's biggest tin mines. IRH will buy a 56% interest in Alphamin from a unit of private equity firm Denham Capital for about C$503 million ($366 million), it said in a statement. Bloomberg News reported in November that the Emirati mining firm was in talks about investing in the company, which owns the Bisie tin complex in the Democratic Republic of Congo.
Bloomberg6 days agoBusinessBloombergAbu Dhabi's IRH Buys Control of Alphamin's Tin Complex in CongoAbu Dhabi's International Resources Holding agreed to acquire a majority stake in Alphamin Resources Corp., gaining access to one of the world's biggest tin mines. IRH will buy a 56% interest in Alphamin from a unit of private equity firm Denham Capital for about C$503 million ($366 million), it said in a statement. Bloomberg News reported in November that the Emirati mining firm was in talks about investing in the company, which owns the Bisie tin complex in the Democratic Republic of Congo.