Xstrata selling nickel-copper project in Brazil for $7M

Dec 20, 2007 | 05:16 AM |

Castillian Resources Corp., Toronto, has agreed to pay $7 million to purchase 100 percent of Xstrata Plc's Mangabel nickel-copper project in Brazil's Goias state, Castillian said Thursday.

Under a previous agreement with Xstrata, Castillian was required to invest $15 million to earn a 50-percent interest in the project.....

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