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Lion sells Pani stake for $74M

Deal at a premium to project carrying value

Kristie Batten
Pani in Indonesia

Pani in Indonesia

JV partners Merdeka Copper Gold and Provident Capital-controlled Andalan International will buy the 33% stake. Lion will receive US$22 million cash up-front and $20 million of Merdeka shares with 12...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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