Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: Xstrata

Xstrata

posted on Oct 18, 2009 04:12AM

Interesting read Oct 15, no intention to nake an offer for Anglo yet still looking for prospects? Also these guys are going to raise some pretty good cash selling off a Chilean property

http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10232409

"We continue to assess a range of alternative growth options, in full recognition that transactions of this nature often take time and patience to mature. "

http://www.azom.com/news.asp?newsID=19320

http://www.ft.com/cms/s/0/77209c06-b74c-11de-9812-00144feab49a.html

"The sale allows Xstrata to focus on other “priority development projects”, said Charlie Sartain, head of Xstrata’s copper division, in a statement. Xstrata is reaching a capital-intensive crunch time as it proceeds with plans to expand five copper projects."

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