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Murchison drops Neves Corvo plans

MURCHISON United has abandoned its attempt to buy Rio Tinto's stake in the giant Neves Corvo copp...

Greg Tubby
Murchison drops Neves Corvo plans

Murchison agreed in October last year to pay US$81 million for Rio's 49% stake in mine operator Somincor, subject to government approvals. However, state-owned mining company EDM, which owns the remaining...

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