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Anglo Pacific widens portfolio with nickel-cobalt acquisition

Published: 03:15 14 Sep 2017 EDT

Julian Treger, chief executive of Anglo Pacific Group plc (LON:APF TSX:APY) tells Proactive they've broadened their portfolio with the acquisition of a royalty on a nickel-cobalt mine in Brazil.

Initially, the royalty specialist will pay Brazilian Nickel Limited US$2mln for a 1% gross revenue royalty (GRR) on the Piauí nickel – cobalt project in the north-east of the country.

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