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Panama Mine Rejects Inmet Offer

Oct 31, 2012

Panamanian gold mine operator Petaquilla Minerals has voted to reject Inmet Mining's revised buyout offer, Petaquilla says. The sweetened bid represents about 25% more than the...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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