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SouthGobi Shares Sink on Fears Chalco May Drop Bid | |
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August 15, 2012 Shares of Mongolia-focused coal miner SouthGobi tanked 17.4 at the Hong Kong open on Wednesday after it said that it expects China's state-controlled Chalco to drop its $926 million takeover bid in the face of opposition from the Mongolian government. Source: http://www.cnbc.com/id/48669102?__source=RSS*tag*&par=RSS |
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