CNR Acquires Guizhou Dayun Mining

China Natural Resources (CNR) announced during July that it closed a deal to acquire Pineboom Investments and its whollyowned subsidiaries, including the Guizhou Dayun Mining Co., which owns a coal mine located in Jinsha County, Guizhou Province. “Pineboom is the second coal mine acquisition in our continued development of China Natural Resources’ coal business,” said Feilie Li, chairman and CEO, CNR. In January, CNR acquired Guizhou Yongfu Mining Co., which owned mining rights for the Yongsheng coal mine, located in the same region.
As featured in Womp 2009 Vol 06 -