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Sirocco to buy Renison Bell tin mine

MURCHISON United is to sell its only producing asset, the Renison Bell tin mine in Tasmania, in a $15 million deal announced by Sirocco Resources.

Greg Tubby
Sirocco to buy Renison Bell tin mine

The sale to Sirocco is expected to enable Murchison to close out its hedging facility, believed to be in the order of US$87 million. Murchison has been feeling the weight of the hedge book since tin prices...

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