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    iron investing

    Talisman Sells Iron Ore Projects to Rico

    Investing News Network
    Feb. 15, 2011 04:15PM PST
    Base Metals Investing

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

    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.

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