28/12/2011 - 00:00

Atlas sells second magnetite project

28/12/2011 - 00:00

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 Atlas Iron has sold its Yerecoin magnetite project to US-owned Cliffs Natural Resources for $18 million plus potential royalty payments. The deal, announced on 28 December, follows the sale of its Balla Balla magnetite deposit to Forge Resources for $40 million plus royalties.

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