Silver Valley Purchase
(N.Z. Press Assn.—Copyright) SYDNEY, Nov. 6.
Silver Valley, N.L., announced it had acquired the balance of the Mawson coalfields in northern New South Wales.
In January this year, the company purchased a 60 per cent interest in the project which comprises a deep water harbour, now under construction, deposits of coal, gravel and aggregates, clay and building sand, industrial land and residential building blocks.
The remaining 40 per cent had now been acquired from the Mawson interests for Silver Valley shares and payment in cash in the proportion of 80 per cent shares and 20 per cent cash.
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Bibliographic details
Press, Volume CVIII, Issue 31831, 8 November 1968, Page 14
Word Count
101Silver Valley Purchase Press, Volume CVIII, Issue 31831, 8 November 1968, Page 14
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