Xstrata PLC
Xstrata PLC is a diversified mining group. It focuses on five international commodity markets: copper, coking coal, thermal coal, ferrochrome, nickel, vanadium and zinc, with additional exposures to platinum group metals, gold, cobalt, lead and silver, recycling facilities and a suite of global technology products. Xstrata's operations and projects span 18 countries. Its activities are organized into five global commodity businesses: alloys, coal, copper, nickel and zinc, and a technology services business, which provides technologies and specialist services in the areas of mining, mineral processing and metals extraction to mining companies worldwide and to Xstrata's own operations. As of March 10, 2008, the Company held 99% of Resource Pacific Holdings Limited. As of February 22, 2008, it held 97% of Jubilee Mines NL, which includes the operational Cosmos mine and a range of growth projects in Western Australia.
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News
The long-awaited geophysics report at East Bay should be in Dupont's hands by the end of this week, or the beginning of the next. I believe we will see drilling commence on that property, prior to programs initiated on the others mentioned.
Helix Resources Limited (ASX:HLX) is pleased to announce the appointment of experienced mining executive, Mr Gary Lethridge as the Company's Non-Executive Chairman, effective 9 March 2017.
Pacific American Coal Ltd (ASX:PAK) announced today the appointment of Mr Mark Lochtenberg as Managing Director to push forward development of the Company's flagship hard coking coal project, Elko, in British Columbia, Canada. He will commence on February 1, 2017.
The 2nd World Clean Coal Week, China Focus 2011 (WCCW 2011) and 2nd Unconventional Gas Asia Summit were held successfully December 6-8, 2011 at the Regent in Beijing, China.
Exco Resources Limited (ASX:EXS) (PINK:EXRSF) is pleased to announce that it has today completed the sale of the Cloncurry Copper Project to Xstrata (LON:XTA) for A$175 million.
Kagara Limited releases the following letter to Copper Strike (ASX:CSE)shareholders regarding the proposed transaction with Jintai and Taifeng.
Two key people have been added to the Queensland Mining Corporation (ASX:QMN) management team to provide high level strategic advice as the company pursues the development of its Cloncurry copper and gold assets - in particular the White Range Project.
Exco Resources Limited (ASX:EXS) is pleased to announce that, in consultation with its major shareholders, it has conducted a review of its capital management options in the context of the Company's post-deal cash position.
Gold Anomaly Ltd (ASX:GOA) is pleased to announce excellent results from its second drill hole at the Nevera prospect within its flagship Crater Mountain gold project in Papua New Guinea. It is the eastern most drill hole to date in the main zone.
Exco Resources Limited (ASX:EXS) (PINK:EXRSF) and Xstrata (LON:XTA) (PINK:XSRAY), via its wholly owned subsidiary Mount Margaret Mining Pty Ltd, have entered into an Asset Purchase Agreement, pursuant to which Exco has agreed to sell the Cloncurry Copper Project.
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