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World News
07-10-2002
who: Salvage company Odyssey Marine Exploration
what: Allowed to keep massive share of lost British gold
where: GIBRALTAR
when: This week
snippet: Only a small proportion of 10 tons of gold lost at sea in 1694 and discovered by the Florida-based company last year will be returned to the British government, says The Independent. The company will get to keep 80% of the proceeds up for the first $45million, 50% from $45m to $500m and 40% for anything above that. [... more]


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