Mineriver stands by claim of mine resources size
XINJIANG mining exploration firm Mineriver, in which mainboard-listed JES International is buying a 30 per cent stake, yesterday sought to dispel questions over the claim that it had 4.2 billion tonnes of resources in its mine.
Mineriver CEO Ho Sing Ming said SRK Consulting, which put together the Joint Ore Reserves Committee (JORC) report, was an established consultancy. "Technical reports (including JORC reports) issued by SRK have been accepted and recognised by many established stock exchanges as a means to verify the level of resources or reserves that mining companies c…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints
US: Wall St opens higher on tech boost, upbeat earnings
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million