# Tanga Resources to acquire Coldstone Investments for Joumbira Zinc Project stake

Tanga Resources agreed to acquire 100% of Coldstone Investments, which holds a 10% equity interest in the Joumbira Zinc Project in Namibia, with an option to increase to 80%.

- Type: Acquisition
- Announced: 2017-12-08
- Where: Namibia, Namibia
- Value: $330K (440K AUD)
- Status: announced
- Products: zinc
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Tanga Resources](https://endata.com/companies/28678.md) (acquirer)
- [Coldstone Investments](https://endata.com/companies/28679.md) (target)

## Sources

- [mining-technology.com](https://www.mining-technology.com/news/mas-week-atlas-copco-tanga-resources-king-stone-energy-group/), 2017-12-08: "Tanga Resources (formerly Argentina Mining) has reached an agreement to acquire a 100% stake in Coldstone Investments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.