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HIGH VALUE MINERALS - MEANS SEMI-PRECIOUS STONES (AGATE, GEM GARNET), CORUNDUM, COPPER, LEAD, ZINC AND ASBESTOS (CHRYSOTILE VARIETY) ##.
This is a copper and cobalt mine, which consists of three open pits and one modern solvent extraction electro-winning processing plant.
One Capital acted as financial advisor and Cliffe Dekker Hofmeyr acted as legal advisor to Metorex in the transaction.
The GRDS research process comprises the following stages: ##.
As chrysotile, a form of asbestos, is a designated substance under Ontario Health and Safety Regulation, the company is investigating these matters further and is taking all required measures.
In order to provide full cash payment to asbestos creditors, Sterlite has increased its offer from $##, ## million to $##, ## million in cash at closing.