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China Natural Resources surges after approving spinoff of coal mining unit

Jan. 03, 2014 11:26 AM ETChina Natural Resources, Inc. (CHNR) StockCHNRBy: Carl Surran, SA News Editor1 Comment
  • China Natural Resources (CHNR +80.2%) extends its huge run-up after its board approved a spinoff of CHNR's Feishang Anthracite Resources subsidiary on the Hong Kong Stock Exchange.
  • Shares have skyrocketed 172% since the Tuesday announcement.

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