Triple Plate Junction shares fall following Papua New Guinea joint exploration update

AIM-listed gold exploration company Triple Plate Junction has unveiled an update on its Papua New Guinea project prompting a sharp fall in its shares.

AIM-listed gold exploration company Triple Plate Junction has unveiled an update on its Papua New Guinea project prompting a sharp fall in its shares.

The company announced that Newmont Ventures, a subsidiary of Newmont Mining Corporation, would not be allocating a development budget to the joint venture's Morobe project in Papua New Guinea for 2013.

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