Xstrata to move into Roseby

SWISS giant Xstrata will take up its sulphide extension exploration project options over Universal’s Roseby copper gold project in Queensland in a move that Universal said would not detract from its goal of building a mine at the project.

Xstrata to move into Roseby Xstrata to move into Roseby Xstrata to move into Roseby Xstrata to move into Roseby Xstrata to move into Roseby

In a market announcement today, Universal said Xstrata's decision to exercise the SEEP option would add to the upside at the project.

Universal managing director Michael Hulmes told MiningNews.

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