Johannesburg - South Africa's largest anthracite coal miner Petmin [JSE:PET] on Tuesday said that financial services group RMB Holdings [JSE:RMH] now holds 5.20% of the company's share capital.
All businesses in the RMB brand stable form part of the wider FirstRand [JSE:FSR].
Petmin said on Monday that it had invested a further R6.7m in Iron Bird Resources, the sole owner of the Mt Ginka iron ore exploration licence in northern Liberia.
The investment takes Petmin's total investment in Iron Bird to R13.3m and concludes phase two of Petmin's investment under the joint venture agreement with London-listed metals exploration company Hummingbird Resources. Both companies now hold a 50% stake in Iron Bird.
All businesses in the RMB brand stable form part of the wider FirstRand [JSE:FSR].
Petmin said on Monday that it had invested a further R6.7m in Iron Bird Resources, the sole owner of the Mt Ginka iron ore exploration licence in northern Liberia.
The investment takes Petmin's total investment in Iron Bird to R13.3m and concludes phase two of Petmin's investment under the joint venture agreement with London-listed metals exploration company Hummingbird Resources. Both companies now hold a 50% stake in Iron Bird.