CAPITAL MARKETS

Chinese group takes 41% stake in Noble in $85M deal

SHARES in Noble Mineral Resources leaped 37.5% today after Chinese mining and investment company Zhongrun Group committed to invest a crucial $A85 million.

Lauren Barrett
Chinese group takes 41% stake in Noble in $85M deal

Managing director Wayne Norris said this would ease Noble’s funding woes and enable it to fully ramp-up gold production to more than 150,000 ounces per annum. In addition, Noble, which recently transitioned...

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