Talisman Sells Iron Ore Projects to Rico

Mining Weekly reported that Talisman Mining (PINK:TLSMF) will be selling two of its Australian iron-ore projects to Rico Resources.

The editorial is quoted as saying:

Talisman previously said that selling the iron-ore projects would result in a “major boost” to its cash resources, underpinning its ongoing copper/gold exploration activities in the Bryah basin and enhancing its ability to target new growth opportunities in Australia.

To read the full editorial, click here.