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Papua New Guinea new mining law takes away Rio’s subsidiary rights

Cecilia Jamasmie | August 11, 2014 | 9:45 pm Base Metals Precious Metals Top Companies Asia Australia Europe Copper Gold Silver 

[caption id="attachment_794804" align="aligncenter" width="600"] Panguna copper and gold mine once generated over 40% of PNG's GDP.[/caption] Papua New Guinea’s autonomous region of Bougainville passed Friday a new mining bill that strips significant rights from Rio Tinto’s (LON, ASX:RIO) subsidiary Bougainville Copper...

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