Cahya Mata Buying 20% Stake in RM1.55 Billion OM Holdings’ Project
The Star Online reported that Cahya Mata (KUL:CMSB) plans to purchase 20% of a manganese project owned by OM Holdings (ASX:OMH).
The Star Online reported that Cahya Mata (KUL:CMSB) plans to purchase 20% of a manganese project owned by OM Holdings (ASX:OMH).
Mining Weekly reported that OM Holdings' (ASX:OMH) shipments from Bootu Creek reached a quarterly record high.
Platts reported that OM Holdings' (ASX:OMH) expects that production at its Tshipi manganese project will begin at the end of 2012.
Mining Weekly reported that the CEO of OM Holdings (ASX:OMH) says South Africa has some of the world's best manganese geology.
Mining Weekly reported that despite higher production levels, OM Holding's (ASX:OMH) half year profit dropped by a third.
The price of manganese flake in China has been firming up due to curtailed production. Manganese Investing News spoke with Larry Reaugh, CEO of American Manganese Inc. about the factors at play in the manganese market.
Business Insider reported that manganese miners are struggling to maintain control of manganese ore flowing into China.
Platts reported that OM Holdings (ASX:OMH) may grant a 20% stake in its Sarawak Manganese smelter to Malaysia's Cahya Mata Sarawak Berhad.
Mining Weekly reported that OM Holdings (ASX:OMH) decided not to pursue a listing on the Hong Kong Stock Exchange.
Mining Weekly reported that OM Holdings (ASX:OMH) announced strong first quarter results even though heavy rains affected its mining regions.
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