http://business.financialpost.com/2012/09/06/with-glencore-deal-on-verge-of-collapse-xstrata-ponders-growth-options/

IMO I think we are going to see a lot more attention being paid to the Juniors this fall. The Majors are finding it increasingly difficult to buy out another Major. (ie BHP with POT a while back) They are going to have to focus on organic growth and where better place to look than in Canada.

What I find interesting is

Certainly, Xstrata’s position has advantages.

It is the only one of the five large diversified mining companies without exposure to steelmaking ingredient iron ore, where prices have slumped. It also has the biggest proportional exposure to copper – a metal expected to benefit from scarce supply and where the value of undeveloped resources is rising, not falling, as for some commodities.