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Lundin family, China's Zijin Mining to acquire stake in Australia's Predictive Discovery

Reuters
2025/02/04
Lundin family, China's Zijin Mining to acquire stake in Australia's Predictive Discovery

Feb 4 (Reuters) - Australia's Predictive Discovery PDI.AX said on Tuesday that China's Zijin Mining 601899.SS will invest A$24.1 million ($15.00 million), while Lundin family will invest A$45.1 million in the gold explorer, to acquire a 3.5% and a 6.5% stake, respectively.

($1 = 1.6069 Australian dollars)

(Reporting by Sherin Sunny in Bengaluru; Editing by Alan Barona)

((Sherin.Sunny@thomsonreuters.com))

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