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Apex Silver Mines Ltd., a Denver-based explorer and producer of silver and other precious metals in Latin America, won bankruptcy-court approval of its recovery plan to sell its stake in a Bolivian mine to Sumitomo Corp.

Apex will sell its 65 percent interest in the San Cristobal mine to Sumitomo, which already owns the other 35 percent, for about $30 million, according to court papers.

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