Ji’en partners with Goldbrook

China-based Ji’en Nickel Industry have stated that Chinese regulators have approved a partnership with Canadian-based mining company Goldbrook Ventures for nickel exploration in Canada. The Chinese miner plans to invest USD 36 million in mining projects at Goldbrooks’ Raglan property in northern Quebec. In return for the payment, Ji’en will gain a 50% share of revenue from exploration and development of the 891,000 acre property over the next three years. Ji’en has also announced that it has acquired a controlling stake in Canadian Liberty Mines for CYN 165 million.
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