Brockman Mining sells off limo business
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Friday, 25 October, 2013 - 15:59
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Brockman Mining has sold off its limousine business in Hong Kong for about $6 million and used the proceeds to buy Chinese copper assets, as it seeks to focus on its mining interests.
The sale of the limousine and airport shuttle business, which was controversial when Wah Nam International sought to take over Brockman in 2011, will be used to fund a 10 per cent interest in a copper mine in China's Yunnan province.