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Nusantara reduces stake in Awak Mas gold project

ASX company's major shareholder buys stake in planned Indonesian development

Kristie Batten
Awak Mas in Indonesia

Awak Mas in Indonesia

Indika, which currently holds about 20% of Nusantara, is to pay $15 million for 25% ownership, with another $25 million to increase its stake to 40% due upon a final investment decision. Indika's subsidiary...

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