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Randgold pull-out scuppers Obuasi plans

Ghana gold development just didn't meet London-listed miner's returns policy

Mining Journal

This article is 8 years old. Images might not display.

Citing its own internal investment requirements of a 20% internal rate of return at a US$1,000 per ounce gold price as its reason, Randgold said it had terminated the conditional agreement it signed with...

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