Royal Group to Take Stake in Mining Project

A mining company listed on the Australian Securities Exchange has announced a plan to pay $14 million for a license to explore for copper in Preah Vihear province, in a deal involving local conglomerate Royal Group. In an announcement to the bourse last Thurday, Geopacific Resource NL said that it will take over World Wide Mining Projects Limited (WWM), in order to have the option of taking on the Kao Sa mining exploration on Chheb district. …

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