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Vol 5 (AAC) No 4

Published 1st February 2012


Gécamines strikes again

Gécamines has used strong-arm tactics once again, this time to block the investment plans of Australia’s Anvil Mining. The state-owned mining company’s decision to review its partnership with Anvil could compromise a US$1.3 billion purchase offer made by Minmetals Resources, the Hong Kong-listed subsidiary of Minmetals Nonferrous. Minmetals has extended its offer for Anvil until 16 February.

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