Obtala Resources Ltd announced the acquisition of an interest in a 2 billion tonne magnetite hosted iron ore deposit in South Africa along with a fund raising of GBP 6 million.
It has agreed to acquire a 50% stake in Bushveld Resources Limited from Mineral Wealth International for USD 11.5
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Tuesday, March 8, 2011
Obtala Resources takes 50pct stake in Bushveld Resources
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