Mineral Deposits To Form JV With Eramet; Says CEO Jeff Williams To Retire

Australia-based mining company Mineral Deposits Ltd. (MDM.TO) and French mining company Eramet said Sunday that they have agreed to create a joint venture in the mineral sands sector. In a separate statement, Mineral Deposits also said that its long-serving Chief Executive Officer Jeff Williams will retire on July 1, 2011. He will be succeeded by Chief Financial Officer Rick Sharp.

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Source: RTT News

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