Xstrata expands Canadian-coal footprint with Peace River acquisition, agrees to joint venture with JX Nippon

Vancouver — Switzerland-based mining giant Xstrata PLC (XTA-L) has agreed to buy the Sukunka coking coal deposit in the Peace River region of northern British Columbia from Calgary-based Talisman Energy (TLM-T, TLM-N), in a cash-only deal worth US$500 million.The move...

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