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Rio throws Palabora a lifeline

PALABORA Mining, a South African copper unit of Rio Tinto, has been forced to call in

Tim Treadgold
Rio throws Palabora a lifeline

Rio Tinto said it was providing Palabora with a US$50 million lifeline which would eventually be replaced by Palabora taking on US$90 million in fresh debt. Palabora said production at its mine in the...

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