[miningmx.com] – A THIRD Chinese company has added its name to suitors for the South African assets of Central Rand Gold (CRG) with the Johannesburg firm saying there were others waiting in the wings.
In addition to agreements with Chinese firms Hira Group and Beijing Ankong Investment, CRG has signed a memorandum of understanding(MoU) with Shengbang Jiabo Consulting which has indicated it will pay $150m for CRG’s assets.
“In addition to Hiria, Ankong and Shengbang which have all entered into separate
MOUs with the Company, there are a further three parties which have entered the virtual data room,” said Johan du Toit, CEO of CRG in an announcement.
