LONDON, 8 July, 2010 – Panmure Gordon & Co. is pleased to announce its appointment as nominated adviser and joint broker to Chromex Mining plc (CHX.L) with immediate effect.
Chromex acquires, controls and develops chromite mining and processing facilities in Africa. Its South African assets have total resources of approximately 41 million tonnes of chromite.
Welcoming Chromex as a client, Panmure Gordon group chief executive, Tim Linacre said: “Chromex has a strong growth profile and is a further addition to our growing list of natural resources clients.
“Looking at Panmure’s client profile, Chromex is one of a number of London-listed companies with exposure to Africa. We now represent companies with mining, oil & gas and retail/consumer interests on the continent and that are seeing immense opportunities in Africa’s growth story.”