(EnergyAsia, May 2) — Gene Wusaty, President of the Coal Division of Ivanhoe Mines Ltd and David Owens, President of Asia Gold Corp, have jointly announced that the two companies have reached an agreement in principle for Asia Gold to acquire Ivanhoe Mines’ Coal Division in exchange for 82,576,383 common shares of Asia Gold. …
MONGOLIA: Canada’s Ivanhoe Mines to vend its coal division into Asia Gold
Posted on May 2, 2006 by EnergyAsia