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Bloomberg: GVK said to be in talks to borrow $850m for Australia’s Hancock mines

MINING.COM Staff Writer | May 20, 2011 | 12:02 am Energy Asia Australia Coal 

Bloomberg reports on Thursday that GVK Power & Infrastructure, a builder of airports and utilities controlled by Indian billionaire GV Krishna Reddy, is in talks to borrow as much as $850m to fund the purchase of two Hancock Prospecting coal...

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