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Sunday, May 23, 2010

Editorial: Put mining in public hands http://www.greenleft.org.au/node/44181

However, a reasonable response from a government to the threats from companies like BHP and Rio Tinto to go offshore would be to tell these companies that, if this occurs, the government will take over their mines and related infrastructure. State ownership would give government all the profits — not just 40% above a certain level.

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