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Vale withdraws from PNG licences

BRAZILIAN mining giant Vale has backed out of a $US20 million ($A21.4 million) farm-in agreement ...

Alison Middleton
Vale withdraws from PNG licences

Goldminex announced Vale had given notice of withdrawal from the Owen Stanley farm-in agreement on October 2. The Sydney-based explorer said it would retain a 100% interest in each of the five licences...

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