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Xstrata wants out.

Peter Akerley: President and CEO of Erdene Resources.

The International mining company has announced it will sell its 75-percent stake in the Donkin Mine project.

A Nova Scotian company owns the remaining 25 percent.

Peter Akerley is the President and CEO of Erdene Resources. He spoke earlier today with reporter Yvonne LeBlanc-Smith.

Yvonne began by asking Akerley what this news from Xstrata means for the project.

Listen audio (runs 11:29)