Investment company Astoria will acquire a stake in a company with interests in marine and offshore mining and exploration shortly after selling its stake in open-pit mining group Afrimat.
The Mauritius-based company said on Thursday it would spend $5.5m for a 25.1% stake in International Mining and Dredging Holdings by the end of August, subject to regulatory approval...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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