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 - www.womp-int.com