To Brazil plan to return to a system iron ore GOK of the bankrupt companies

Company Pedra and Branca Alliance which is in joint property of the Singapore trading companies Indo Sino and the British Cadence Minerals (CM), signed the memorandum of understanding with the Chinese engineering group Sinoma International Engineering about restoration of iron ore GOKA Amapa Project in staff State of Amapa in the north Brazil. This iron ore enterprise was constructed by company MMX in 2007. From 2008 to 2012 it belonged to Anglo American corporation. The following owner of Zamin Ferrous went bankrupt in August, 2015 that led to stop of production. In...