CAPITAL MARKETS

Highlands search for Ramu partner follows sale

OIL Search has sold its 31.5% interest in the Ramu laterite nickel project to Mineral Resources Development Co, a company owned by the government of Papua New Guinea, for US$3.8 million.

Michael Quinn

Highlands search for Ramu partner follows sale

The sale has seen the end of the legal action brought by Highlands Pacific - which owns the balance of the Ramu project - against Orogen Minerals, which held the 31.5% stake in the nickel laterite project...

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