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BHP, Xstrata, Anglo Coal Operations Hit by South African Rains
Jan. 06, 2011 11:52AM PST
Industrial MetalsBloomberg.com reports that BHP (NYSE:BHP), Xstrata (LON:XTA), Anglo (PINK:AGPPY) Coal ‘s coal shipments are all being impacted by heavy rain in South Africa
Bloomberg.com reports that BHP (NYSE:BHP), Xstrata (LON:XTA), Anglo (PINK:AGPPY) Coal ‘s coal shipments are all being impacted by heavy rain in South Africa.
The story is quoted as saying:
South Africa raised the flood-warning level for its central Orange River area today as water levels in places were expected to reach the highest since 1996. The country’s biggest dam, Gariepdam, is at 113 percent of “full” levels and the second- biggest, Vanderkloof, is 107 percent full, according to figures on the website of the government’s water department