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Australia approves $1.3B Anvil Mining takeover

Andrew Topf | October 24, 2011 | 7:15 pm Base Metals Africa China Europe Copper 

The Australian government has approved the $1.3B takeover of Anvil Mining (TSE:AVM) by China-based Minmetals Resources Ltd. The deal announced on September 30th required approval from the Australian Foreign Investment Review Board for the acquisition. The Minmentals offer of C$8...

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