Court Rules in Favor of Xstrata’s Proposed Australian Coal Mine
Reuters reported that Xstrata (LSE:XTA) won a court case that challenged its plans to build the biggest coal mine in Australia.
Reuters reported that Xstrata (LSE:XTA) won a court case that challenged its plans to build the biggest coal mine in Australia.
Reuters reported that Xstrata (LSE:XTA) will sell Canadian coking coal to Japan in a joint venture with JX Nippon.
Bloomberg reported that Xstrata (LSE:XTA) is purchasing Sukunka Coal for half a billion dollars.
Reuters reported that the merger of Xstrata (LSE:XTA) and Glencore (LSE:GLEN) will only make their long-time collaboration more formal.
While 2011 was not as radiant as its long term coal projections, both thermal and coking coal markets saw consistent production and consumption growth.
Bloomberg reported that a mining worker strike is having a significant impact on Xstrata's (LSE:XTA)South African operations.
Cline Mining Corp. (TSX:CMK) announced the sale of its Lossan coal deposit to Xstrata (LSE:XTA) for $40 million.
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