Resource Capital to buy QMAG
Published: Saturday, 30 October 2004
27 September 2004
Troubled ASX listed Australian Magnesium Corp. Ltd (AMC) is to sell off its magnesite and magnesia operation Queensland Magnesia (QMAG) to US-based Resource Capital Fund III LP (RCF).
RCF is a private equity fund specialising in mining
investments. The deal is worth...