CAPITAL MARKETS

$12M windfall for Talisman shareholders

TALISMAN Mining has put the first hard numbers on its capital return program after it sold its 30% share in the Springfield joint venture to Sandfire Resources in October because it has too much cash to cover planned operations for the foreseeable future.

 Talisman will have in excess of $10 million for exploration.

Talisman will have in excess of $10 million for exploration.

      A fully franked dividend has been set at 6.375c per share, and will be paid to all shareholders as at the December 7 record date, with payment expected before Christmas and will cost the company...

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