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June 1, 2009
LimDev to sell stake in ASA Metals to BEE partner
JOHANNESBURG (miningweekly.com) - The Limpopo Economic Development Corporation (LimDev) is looking for a black economic-empowerment (BEE) partner to buy a stake in its ASA Metals joint venture (JV), as part of its socio-economic development plans.
The South African provincial enterprise currently owned a 40% stake in ASA Metals, with JV partner East Asia Metal Investment Company (EAMI) holding a 60% stake.
Posted by StaffWriter at June 1, 2009 10:09 AM