CAPITAL MARKETS

Merlin bidding comes to a close Friday

RIO Tinto is on the brink of learning the market value of its Merlin diamond mine in the Northern Territory.

Stephen Bell

Bids for the project, picked up via Rio's takeover of Ashton Mining in late 2000, are due in by the close of business tomorrow. Industry sources suggest three or four bids will be lodged, including offers...

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