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07/11/2024
Mining News

China Kingstone Mining signs MOU for potential acquisition of Chile’s Pureo gold project

China Kingstone Mining Holdings Ltd has signed a Memorandum of Understanding (MOU) with Sino-American Energy SpA regarding a potential acquisition of seven mining rights associated with the Pureo Project, a gold mining venture in Chile. This announcement, made after trading hours on October 24, 2024, could signify a noteworthy transaction for the company. Investors should exercise caution, as the MOU is non-legally binding and further negotiations are still needed.

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