Blackstone Purchases Xstrata Nickel’s Interest in Norway Exploration Projects

Blackstone Ventures Inc. is pleased to announce that Blackstone and its joint venture partner Sulfidmalm A/S (a wholly owned subsidiary of Xstrata Nickel) and Xstrata Nickel have come to terms under which Blackstone will acquire 100% of the outstanding shares of Sulfidmalm for a total of US $15.5 million. Sulfidmalm’s main assets are the interest [...]

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