GBG 0.00% 2.6¢ gindalbie metals ltd

MELBOURNE, Jan 8 (Reuters) - China's Angang Steel Co (Ansteel)...

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    MELBOURNE, Jan 8 (Reuters) - China's Angang Steel Co (Ansteel) 000898.SZ remains committed to the Karara iron ore mine in Australia, a spokesman for the project said on Friday after a newspaper report said concerns had been raised about the future of the mine.

    "Ansteel remains committed to Karara," the Karara Mining spokesman who is a senior executive, told Reuters.

    Ansteel has a 52 percent stake in the project. The remainder is owned by Gindalbie Metals Ltd (GBG) , which went on a trading halt on Friday pending an announcement on Karara.

    Keyword ANSTEEL AUSTRALIA/

 
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