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Pasminco falls to 13.5c

PASMINCO has slumped as much as 23% to a new record low of 13.5c today on persistent speculation the world's biggest zinc producer cannot repay its debt.

Greg Tubby

Shares in many bigger resources companies also fell as commodity prices weakened, although gold stocks have been performing well as bullion prices climbed past US$270 an ounce. Pasminco was the most...

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