Rusina Mining to buy Acoje copper mine project for $400,000
April 14th, 2008
Filed under: Mine - Acoje, Operator - Rusina
From: inquirer.net
Thomson Financial
LONDON — Rusina Mining NL has entered into an agreement to buy the Barlo Project in the Philippines from the administrator of Fire Resources Ltd. for a total of $400,000.
Rusina said it paid a deposit of $50,000 on Tuesday with the balance of $350,000 to be paid on delivery of the assets to its Philippine unit. The company warned that the payment may take “considerably longer” than 90 days, due to issues outside its control.
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