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Xstrata expands presence in Canadian coal project

Digital Look | October 7, 2011 | 3:53 pm Europe

FTSE 100 mining giant Xstrata has – through its Xstrata Coal subsidiary – agreed to buy the Lossan metallurgical coal deposit from Cline Mining Corporation for C$40m (£24.9m). “Lossan is located in the Peace River Coalfield of north eastern British…