Kaolin - Quartz Mine Deal To Fund Silica Sand Plant

Bulgarian mining and processing company Kaolin has signed a deal to buy 51% of a Ukrainian quartz mine for an undisclosed sum, the company announced in a press release June 2007, adding that the Ukrainian quartz mine made a profit of around 450,000 Euros in 2006. The capital of the Ukrainian mine will be increased after the deal is finalised and the funds raised will be used to build a silica sand plant. No further details were given.

Author
Un-named
Origin
Unknown
Journal Title
Gmpa Nov-Dec 2007 53
Sector
General
Class
G 3441

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Kaolin - Quartz Mine Deal To Fund Silica Sand Plant
Gmpa Nov-Dec 2007 53
G 3441
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