The Archive · 1937

ITALO-GERMAN MINING COMPANY FORMED

Rome, Nov, 12.

An Italo-German mining company with a capital of 1,500,000 Lira has been formed here for mining gold in Ethiopia. 51 per cent. of the shares are held by an Italian group and the remaining 49 per cent. by a German group, to which the "Gesellschaft fuer Bergbau" in Abyssinia and the affiliated company "Westabessinien Minen A, G." belong. The capital of this new undertaking is later to be increased to 10,000,000 Lira—Trans-

Ocean

Text read from the printed page and cleaned; old type leaves the occasional error.

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