Glencore Xstrata shutting Australia’s Ravensworth coal mine down

[caption id="attachment_776111" align="aligncenter" width="600"] Ravensworth coal mine.[/caption] Glencore Xstrata (LON:GLEN) said Thursday it will close its Australian Ravensworth underground coal mine in the Hunter Valley, as prices for the commodity continue to fall and the market is experiencing a stock surplus. With...

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