JOHANNESBURG (miningweekly.com) – The newly merged Glencore Xstrata group on Monday posted combined first-quarter 2013 production results, which saw the metals and minerals division delivering solid results, despite some softening in prices towards the end of the quarter.
LONDON (SHARECAST) –Xstrata has announced that its Koniambo Nickel project in New Caledonia has gone into production after producing its first metal this week, a key milestone for the five billion-dollar greenfield project.
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20819933
Glencore has been waiting for several months for China, the biggest buyer of the materials it trades and mines, to give the go-ahead before it can complete its $35-billion acquisition of miner Xstrata, the largest deal in the sector to date.
PERTH (miningweekly.com) – Swiss-listed diversified miner Xstrata on Tuesday reported record yearly thermal coal and refined nickel volumes for the year ended December, as well as the second consecutive quarter of record Australian zinc production.
http://www.miningweekly.com/article/record-thermal-coal-and-nickel-production-for-xstrata-2013-02-12
SANTO DOMINGO, Dominican Republic – A team of experts from the U.N. on Tuesday began evaluating a proposed nickel mine expansion in the Dominican Republic that has been halted by a court over environmental concerns.
Western Areas managing director Dan Lougher says the Glencore-Xstrata merger could be the catalyst for a wave of acquisition activity in the WA nickel sector this year, with the new global giant primed to gobble up a number of local assets.
Santo Domingo. – The mining company Xstrata Nickel Falcondo will shutter Dominican Republic operations in less than five years if it doesn’t get the go ahead to exploit Loma Miranda, in central La Vega province, senior executives warned Thursday.
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