Wed Mar 16, 2011 4:50am GMT
SEOUL, March 16 (Reuters) - Korea Resource Corp (KORES) said on Wednesday that it had signed an exploration contract to develop mines with 400 million tonnes of iron ore in Peru and secure a total stake of up to 40 percent in the mines.
(Reporting by Cho Mee-young; Editing by Jonathan Hopfner, sourced:Thomson Reuters)
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