Xstrata’s Altona decision not far away
Sarah Thompson and Anthony Macdonald
Altona Mining shareholders should know by Christmas whether Xstrata will buy a 51 per cent stake in Altona’s Roseby copper tenements.
Xstrata’s Mt Isa Mines held a long-dated option to buy the Roseby stake which expired on June 30. The two parties called in an independent expert to value the project in July, after they could not agree on a price.
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