Mine Restoration Investment looks at chrome deal to return from JSE wilderness

JSE-listed Mine Restoration Investment (MRI) said on Thursday that it had reached consensus on certain key terms with the owners of the chrome mine it wants to buy, but said thy were still in negotiations about the transaction. MRI, whose shares were voluntarily suspended from the JSE in July 2016, said that its board was pursuing a transaction for the acquisition of a chrome mining company, in exchange for the issue of shares.