Indonesia signs landmark deal to gain control of mine

The Indonesian government will pay US$3.85 billion to acquire the majority stake in one of the world's largest gold and copper mines in Papua province, as it seeks more control of the country's vast natural resources.

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Yancoal’s Austar stands down workforce

The Austar operation has announced that it will commence standing down employees and, where possible, redeploy the majority to other Yancoal-owned underground operations.

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