Lion Group invests RM600mil in mining sector

Lion MIning said it will undertake exploration activities for both alluvial and primary minerals such as tin, iron ore, gold, coal, silica sand and other commodities in Malaysia, Indonesia and Cambodia.

PETALING JAYA: Lion Group’s unit, Lion Mining Sdn Bhd (LMSB), is venturing into mining of both metallic and non-metallic minerals, following an investment of RM600mil in land and capital expenditure.

In a statement, LMSB said it will undertake exploration activities for both alluvial and primary minerals such as tin, iron ore, gold, coal, silica sand and other commodities in Malaysia, Indonesia and Cambodia.