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Jinchuan sells Westgold stake

China's Jinchuan Group has sold out of gold producer Westgold Resources.

Kristie Batten

Jinchuan disposed of its entire 7.2% stake, selling 22 million shares for $A53.3 million. The shares were sold yesterday for an average price of $A2.42 each, a 6.5% discount to Wednesday’s closing price...

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