Afferro in deal talks with IMIC

Suzie Neuwirth
AFFERRO Mining yesterday confirmed that it is in talks with the International Mining and Infrastructure Corporation (IMIC), following the latter’s announcement that it had secured the $100m (£65m) financing needed to launch a formal takeover bid for the Aim-listed miner.

IMIC already owns almost five per cent of Afferro, Reuters data shows.