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Mincor to acquire mines

NICKEL producer Mincor Resources NL announced plans to acquire private outfit Goldfields Mine Management Pty Ltd for $68.5 million, giving the company its fifth operating mine in the Kambalda region. The transaction replaces an agreement inked between the two parties in December, by which Mincor proposed to acquire only the Durkin and MacMahon mines for $30 million.

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