By: Staff Writer
Osino Resources expects a final decision from the Namibian Competition Commission (NaCC) on its acquisition by Chinese firm Shanjin (formerly Yintai Gold) by early September.
Currently, competition law clearance from NaCC remains the only outstanding approval needed to conclude the deal, with clearance expected soon.
NaCC received the third of three Chinese regulatory approvals on May 28, 2024. The mining company anticipates that the transaction will be considered for determination at the next NaCC Board meeting, expected to occur in August.
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