Newcrest walks from Rahu

NEW Talisman has snapped up an 80% interest in the Rahu project in New Zealand from Newcrest Mining, which is walking away from an agreement to fund exploration.

Newcrest walks from Rahu Newcrest walks from Rahu Newcrest walks from Rahu Newcrest walks from Rahu Newcrest walks from Rahu

The companies had earlier discussed a joint venture over the highly prospective area, and had signed a heads of agreement that would have seen Newcrest earning a controlling stake in the project by