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What was the outcome of the mining firm?
Went bankrupt
Became highly successful
Merged with another company
Was sold to a competitor
Answer
The mining firm went bankrupt due to a combination of factors, including declining ore prices, rising production costs, and mismanagement. The company had been struggling for several years, and the bankruptcy was the culmination of a long period of financial difficulty. The bankruptcy had a significant impact on the local community, as the mining firm was a major employer.
Victorian Virtuoso: The Life and Legacy of Frederick Hamilton-Temple-Blackwood, 1st Marquess of Dufferin and Ava
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