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Arafura backs out of land deal

Rare earths miner Arafura Resources has pulled out of a deal to buy land from steel maker Arrium as it looks to save $400 million by moving to the Northern Territory instead. Arafura was going to b..

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Newcrest shares hit 9-year lows

Shares in Newcrest Mining have slumped to nine-year lows as the miner battles disclosure and operational problems.However, all gold stocks on the ASX were being punished on Friday after the price of t..

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