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LINC SELLS GALILEE COAL TENEMENT FOR $3.0 BILLION added:11/08/10

Linc Energy Chief Executive Officer Peter Bond today announced the sale of one of his Company’s non-core coal tenements in the Galilee Basin in northwest Queensland to Adani Mining Pty Ltd, a subsidiary of Adani Enterprises Ltd, for $A500 million in cash and a $2 per tonne royalty (indexed for...

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