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AustSino to raise A$100M

Aust Resources Group will become majority-owned by privately-run Chinese concern, Western Australian Port Rail Construction, if a planned A$100 million (US$72.45 million) placement goes ahead.

Haydn Black
Sundance's Mbalam Camp

Sundance's Mbalam Camp

Struggling African iron ore hopeful Sundance Resources stands to be a big winner of a revitalised AustSino. A series of agreements announced today could lead to WAPRC securing about a 61% stake in AustSino...

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