Australian Market Report of November 15, 2010: OneSteel (ASX:OST) Acquire Moly-Cop and AltaSteel to Focus on Mining Consumables
Australian Market Report of November 15, 2010 includes: OneSteel Limited (ASX:OST) is to acquire the Moly-Cop and AltaSteel businesses to focus on the mining consumables sector; Citigold Corporation Limited (ASX:CTO) is to develop the Charters Towers mining area in Queensland with Anhui Geology and Mining Investment Co. Ltd.; Australian Mines Limited (ASX:AUZ) announced the acquisition of Nigerian gold project; Kentor Gold Limited (ASX:KGL) successful raised A$65.2 Million to fund Andash Gold-Copper Project in Kyrgyz.