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Australian Mining Tycoon Can't Regain Iron Ore Stake

By Kaitlin Ugolik (October 30, 2012, 4:43 PM EDT) -- The Supreme Court of Western Australia on Tuesday upheld a lower court's ruling that iron ore exploration firm Wright Prospecting Pty Ltd. had gotten proper approval to sell Hancock Prospecting Pty Ltd.'s 25 percent stake in an Australian deposit to joint venture partner Rio Tinto....

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