US Minnow in Indonesian iron, zircon venture
Tuesday, November 15 2011 - 11:42 PM WIB
US Minnow E&M Group, Inc. reported on Wednesday that it has ratified a share exchange agreement with PT. E&M Indonesia, an Indonesian mining company which has iron and zircon mines.
The company claimed that PT. E&M Indonesia has two iron sand/ore mines currently in production and zircon mine with known reserve of 10 million tons. The company did not disclose the mines? locations. (alex)