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Minas-Rio costs soar 15% to $5.78 billion

Andrew Topf | December 21, 2011 | 6:23 am Europe Latin America Iron Ore 

Anglo American (LON:AAL) has increased the capital expenditure budget for its largest project in development, the Minas-Rio iron ore mine in Brazil, by 15%, the London-listed major miner announced on Tuesday. That takes the capex for the project up to...

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