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Clough arm bolsters underground deal

CLOUGH’S 82%-owned Indonesian subsidiary PT Petrosea has entered into an alliance agreement with Renison Consolidated Mines to provide underground mining and maintenance services at the Tom’s Gully gold mine in the Northern Territory.

Emily Roberts
Clough arm bolsters underground deal

PT Petrosea will make a $2 million equity investment in Renison and provide underground mine fixed assets, the underground mining fleet and mine services. Its previous $1 million loan for the Tom’s...

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