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Stratex sold its Turkey gold mine

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Stratex International plc has sold its 45% interest in the Altintepe gold mine in Turkey to its joint venture partner, Bahar Madencilik.

The consideration of US$8mln cash is net of any taxes and costs, and marks Stratex’s exit from a joint venture where relations between the two companies, from the outside at least, had their ups and downs.

 

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