Henan Yuguang Approved by Australia to Purchase Kimberley Stake

China’s Henan Yuguang Gold & Lead Co. has recieved approval from Australia’s Foreign Investment Review Board to buy a 15 percent stake in Kimberley Metals Ltd., it said in a filing to the Shanghai stock exchange today. The company also received approval to buy a 25 percent stake in Kimberley Metal’s Sorby Hills zinc, lead and silver mine for A$5 million.