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Rio to sell Brazil gold asset

RIO Tinto is continuing to retreat from small mines, this time offering for sale a 51% stake in t...

Tim Treadgold

Kinross Gold of Canada owns the other 49% and is widely regarded as the most likely buyer. Paracatu has been in production since 1987, yielding an estimated 6.5 tonnes of gold a year from very low-grade...

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