Shaw River Manganese increases stake in Namibia project

February 2014
African Business News;2/26/2014, p25
The article reports on an announcement by Shaw River Manganese regarding the increase of shareholding in the Otjozondu manganese project from 84% to 87.2% in Namibia by its wholly owned subsidiary Otjozondu Holdings. It is mentioned that since the minority shareholder in the Otjo project, Oreport Holdings elected not to fund its share of the project costs, the company's shareholding in the project reportedly increased.


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