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Russians the latest to join iron party

INTERESTS associated with Russian billionaire steel baron Alisher Usmanov have swooped on acquisition-hungry iron ore miner Mount Gibson Iron in a $98.8 million deal that will deliver the one of the world's richest men 19.9% of the Mid-West miner.

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Russians the latest to join iron party

London-based Cambrian Mining - which picked up 19.9% of Mount Gibson when it accepted the miner's takeover offer for iron ore developer Aztec Resources - yesterday afternoon announced it had offloaded...

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