Asset Report

Ambaji copper mine project

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12 March 2018

Ambaji copper mine project

Report summary

The Ambaji Project located in the state of Gujarat, India, is owned by RBG Minerals Industries Limited whose only shareholder at present is Binani Industries Limited (BIL). Upon completion of the purchase agreement with Golden Patriot Mining, the shareholders of RBG were: GPM, 32.5%; BIL, 32.5%; Gujarat Minerals Development Corporation, 25%; and Rajasthan State Minerals Development Corporation, 10%.

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