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BHP backs out of Mumbwa

BHP Billiton has informed joint venture partner Blackthorn Resources that it will withdraw from t...

Kristie Batten

Blackthorn had earned a 60% stake in the project by 2008, but BHP had the choice to claw-back its interest to 80%. Under the original 2004 JV agreement, BHP could choose to proceed to feasibility studies...

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