CMOC buys stake in Rio Tinto gold, copper mine
By Zhong Nan | China Daily | Updated: 2013-07-30 08:11
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A mobile drill rig digs a tunnel at the Northparkes copper and gold mine owned by Rio Tinto Group in Australia. The group has reached a binding agreement to sell its 80 percent stake in Northparkes to China Molybdenum Co Ltd. Provided to China Daily |
The $820m deal is expected to be completed by the end of this year
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