Pioneer, Xstrata restructure joint venture

PIONEER Nickel says it is putting the finishing touches on amendments to a joint venture with its largest shareholder, Xstrata Nickel Australasia, relating to the Acra project in Western Australia.

Pioneer, Xstrata restructure joint venture Pioneer, Xstrata restructure joint venture Pioneer, Xstrata restructure joint venture Pioneer, Xstrata restructure joint venture Pioneer, Xstrata restructure joint venture

Under the new terms of the agreement Xstrata will provide $1.2 million to Pioneer to explore the Acra project on behalf of the JV over a two-year period.

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