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Mining Weekly reported Platinum Australia (ASX:PLA) has settled with mining contractor Redpath Mining.
Mining Weekly reported Platinum Australia (ASX:PLA) has settled with mining contractor Redpath Mining.
As quoted in the market news:
The dispute centered around an underground mining contract at the Smokey Hills mine, in South Africa, which was terminated in October 2010.
Administrators Pitcher Partners said in a statement to the ASX that both Platinum Australia and Redpath considered the outcome to be “sensible”.