Highveld Steel signs BEE deal

14 April 2009 - 02:00
By unknown

Highveld Steel and Vanadium Corporation and Umnotho weSizwe last week announced a 26percent black economic empowerment transaction in relation to the Mapochs Mine. Mapochs Mine is presently an independently managed division of Highveld, which will be transferred into Mapochs Mine (Mapochs Newco), a subsidiary of Highveld. - I-Net Bridge

Highveld Steel and Vanadium Corporation and Umnotho weSizwe last week announced a 26percent black economic empowerment transaction in relation to the Mapochs Mine. Mapochs Mine is presently an independently managed division of Highveld, which will be transferred into Mapochs Mine (Mapochs Newco), a subsidiary of Highveld. - I-Net Bridge