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Fat wallets to fund major M&A

Rio Tinto’s solid March quarter production reported filed late last week pleased investors, especially the strength of the all-important iron ore division, a performance expected to be repeated this week when BHP lodges its March quarterly.

Fat wallets to fund major M&A Fat wallets to fund major M&A Fat wallets to fund major M&A Fat wallets to fund major M&A Fat wallets to fund major M&A

But the share-price bounce enjoyed by the big two of global mining reinforced a criticism of management at both companies, even as they enjoy the compliments of analysts for guiding both through the

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