FED:Indo Mines shares up on Chinese placement

Shares in Indo Mines jumped after the coalminer and iron ore explorer gained a privately owned Chinese firm as a major shareholder.

Updated Dec 24, 2010 – 5.03am, first published at Dec 23, 2010 – 2.19pm

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Shares in Indo Mines jumped after the coalminer and iron ore explorer gained a privately owned Chinese firm as a major shareholder.

Indo Mines shares were up 4¢, or 14 per cent, at 32¢ at 1.57pm AEDT.

AAP

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