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Newcrest divests of New Zealand exploration asset

Creamer Media Senior Deputy Editor: Australasia
ASX-listed gold miner Newcrest Mining has abandoned its 80% stake in the Rahu project, in New Zealand, to joint venture partner New Talisman Gold Mines. New Talisman on Friday announced that it had acquired Newcrest New Zealand Exploration, with the junior company evaluating its options to fast-track the exploration project.

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