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Rio receives FIRB approval for Ashton bid

RIO Tinto has got the jump on rival Ashton bidder De Beers, winning Foreign Investment Review Boa...

Greg Tubby

FIRB has extended its timetable to make a decision on South African diamond cartel De Beers' earlier $522 million bid for Ashton. Both Rio Tinto and De Beers are chasing Ashton's 40% stake in Western...

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