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South African-controlled Minorco SA, which has offered...

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South African-controlled Minorco SA, which has offered $3.5 billion for the 70.6% of Consolidated Gold Fields PLC it does not already own, said it will sell Consolidated’s 49.3% stake in Newmont Mining Corp. if its bid is successful. Luxembourg-based Minorco is controlled by Anglo American Corp. and De Beers Consolidated Mines Ltd., the gold and diamond mining interests of the wealthy Oppenheimer family of South Africa.

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