Afferro Mining approached by International Mining and Infrastructure Corporation

Afferro Mining confirmed Monday reports that the iron ore development company was approached by International Mining and Infrastructure Corporation (IMIC).

Afferro Mining confirmed Monday reports that the iron ore development company was approached by International Mining and Infrastructure Corporation (IMIC).

Last week it was rumoured that Afferro had received a takeover offer of £140m, almost 50% of the group's current market value.

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