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Oxiana to raise $189 million

OXIANA is to tap shareholders for $189 million to acquire the 20% of the Sepon project owned by R...

Michael Quinn
Oxiana to raise $189 million

Rio will receive US$85 million for its 20% stake, with US$30 million earmarked for the gold expansion and the balance to go on Khanong and other exploration and development budgets. The cash is to be...

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