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Mitsubishi pays $81m for 25% stake in PGM mine

MINING.com Editor | March 28, 2012 | 9:56 pm Base Metals Canada Europe Copper 

Japanese conglomerate Mitsubishi Corp will pay $81.25 million to acquire a 25% ownership in the Marathon PGM and copper project owned by Stillwater Mining. Mitsubishi will also front a $13.6 millon cash payment for developing the project located near Marathon,...

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