CAPITAL MARKETS

Pasminco delivers its defence

PASMINCO has handed Aquila Resources' lawyers its defence against claims relating to the 2001 sale of a 49% stake in the Ernest Henry copper mine after the junior said on Tuesday it had asked the Federal Court for a directions hearing to obtain the document.

Greg Tubby
Pasminco delivers its defence

Perth-based Aquila said it would now proceed with its $153 million claim against Pasminco without further delay. Aquila's case hinges on the circumstances under which it agreed to extend MIM's pre-emptive...

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