Glencore International to Buy Back Columbian Coal Unit From Xstrata



March 10th, 2010 | File Under : Coal - Companies - Energy - Mineral Exploration

Glencore International AG, the world’s largest commodity trader, will buy back a Colombian coal unit from Xstrata Plc, setting the stage for an initial public offering that may value the trading company at $35 billion.

Xstrata to Stop Coal Coking Production in Tahmoor Coal Mine



February 22nd, 2010 | File Under : Coal - Companies - Mining Exploration

Tahmoor coal mines are coal mines located in New South Wales, Australia. These coal mines managed by miners and coking coal producer Xstrata Plc. Xstrata mining company temporarily forced to stop production activities Tahmoor coal mine because of the demands of the miners that the company raised the wages of miners.