Cassini buys BHP nickel project
PERTH (miningweekly.com) – Mining giant BHP Billiton has sold its West Musgrave nickel project, in Western Australia, to ASX-listed junior Cassini Resources.
The miner had been divesting its noncore assets, and had sold projects in Australia, the US, Canada, South Africa and the UK in the last two years, over several commodities, including petroleum, copper, coal, uranium and diamonds.
Cassini reported on Thursday that the West Musgrave project was a natural acquisition for the company, as the company owned a nearby tenement area and had experience operating in the region.
Read more at: http://www.miningweekly.com/article/cassini-buys-bhp-nickel-project-2014-04-03
