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Manhattan Resources woos spurned JES partner

If call option is exercised, deal would value Mineriver at $169m

"The investment represents an opportunity for the group to venture into the resources market and to broaden its earnings base," Manhattan said in an announcement - PHOTO: AFP

THE mining company recently spurned by JES International has a new suitor in Manhattan Resources, but it will not fetch as high a bride price if the deal is consummated. "We just hope that with this new episode, it will erase all the worry about the quality of our mine," Mineriver chief