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UMC cans Chinese deal for BHP

AS expected, iron ore junior United Minerals Corporation has abandoned a $A27.2 million placement...

Kristie Batten
UMC cans Chinese deal for BHP

The placement was in doubt after UMC said its board intended to unanimously accept the BHP offer, which in turn was conditional on the CRM deal not going ahead. The deal, which would have seen CRM take...

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