August 7th, 2008

Mangoola Coal (Formerly Anvil Hill) Open Cut Mine to Proceed

Xstrata Coal today announced that it has secured Xstrata PLC Board approval to proceed with the AUD1.1 billion development of the Mangoola Coal open cut coal mine near Muswellbrook.  Xstrata Coal acquired the Mangoola project from Centennial Coal (then known as Anvil Hill) in October 2007.
The construction of the mine will create around 400 new jobs, with an expected 300 employees required for [...]

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October 30th, 2007

XStrata Buys Anvil Hill, Austral Coal From Centennial Coal

Xstrata Coal has continued its buying spree with the purchase of Anvil Hill and Austral Coal from Centennial Coal.  Helios Australia (a subsidiary of Xstrata Coal) has paid $1.86 per Austral share.  This means that Centennial will receive A$479 million from XStrata Coal.
Previously, Centennial Coal completed the sale of its Anvil Hill development to XStrata [...]

Permalink Centennial Coal, Coal Mining, New Mines, XStrata, news 3 Comments »