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Uzbek court declares Newmont gold venture bankrupt
A court in Uzbekistan has declared bankrupt the gold mining joint venture half-owned by U.S.-based Newmont Mining Corp. (NYSE:NEM – news) after seizing $49 million in tax, the company’s defense lawyer said on Monday.
“The court has declared the joint venture bankrupt and given three months for the liquidation of the enterprise,” Alexander Voronin, defense representative [...]
