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Ireland’s zinc mines may boom again as Xstrata buys remaining stake in Pallas Green

International Mining | July 16, 2011 | 3:15 pm Base Metals Europe Zinc

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Xstrata Zinc Canada has agreed to purchase the remaining 23.6% interest in the Pallas Green property in Ireland belonging to its current joint venture partner in the project, Minco, for $19.4 million. Under the agreement, which is subject to Minco shareholder approval, Xstrata Zinc will become the sole owner of the project at Cahernconlish, Limerick in the Republic of Ireland. (more…)