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De Beers looks certain to win battle for Ashton

GLOBAL giant De Beers looks almost certain to win its aggressive battle for Australia's Ashton Mining after Rio Tinto declared it would not match its $745 million bid.

MiningNews.Net

  Shares in Ashton slumped 11c by the close of trade as the possibility of an escalating bidding war vanished. Ashton shares closed at $2.24 on turnover of 3.59 million. "In someways it's surprising...

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