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Maroc Maroc - MININGMX.COM - A La Une - 29/Jan 08:23

Anglo marks progress after closing $1bn Aussie coal deal

ANGLO American said on Wednesday it had completed the sale of its 33.3% stake in Jellinbah Group which controls the Jellinbah East and Lake Vermont metallurgical coal mines in Australia. The properties were sold to Zashvin Pty Ltd which paid a total of A$1.6bn (about US$1bn), now settled with Anglo ahead of its original schedule […]

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