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BRIEFLY

February 16, 1988

The Mexican government plans to sell nearly 91% of the shares of the state-run Mining Co. of Cananea to the private sector. It said the sale would take place in the next three months to one of five private sector consortiums interested in the company. Cananea is the third-largest mining company in Mexico and accounts for 60% of the copper produced there. The estimated value of the holding is $1.1 billion.

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