Overview
If it's a commodity, Metorex mines it. The company controls the operations of several mining companies, which are prospecting for various metals in locations mostly in South Africa and Zambia. The company's holdings include Chibuluma Mines (copper, 90%-owned), Vergenoeg Mining (fluorspar, 70%-owned), and Pan African Resources (gold, 55%-owned), among others. Most of the company's sales come from copper and gold, but antimony, fluorspar, and cobalt
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Read More also account for a large part of sales. Brazilian mining giant Vale SA made a $1.1 billion offer to buy Metorex in 2011. China's Jinchuan Group later upped the ante to $1.3 billion and Vale subsequently dropped out, refusing to enter a bidding war.
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Read More also account for a large part of sales. Brazilian mining giant Vale SA made a $1.1 billion offer to buy Metorex in 2011. China's Jinchuan Group later upped the ante to $1.3 billion and Vale subsequently dropped out, refusing to enter a bidding war.
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Nonmetallic Mineral Mining and Quarrying
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Office Administrative Services
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Mining (except Oil and Gas)
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Mining, Quarrying, and Oil and Gas Extraction
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Dimension stone
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