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    coal investing

    Xstrata Bidding for Canadian Coal Explorer

    Investing News Network
    Jul. 28, 2011 04:23PM PST
    Industrial Metals Investing

    Mineweb reported that First Coal Corporation has received a purchase offer from Xstrata (LON:XTA).

    Mineweb reported that First Coal Corporation has received a purchase offer from Xstrata (LON:XTA).

    The market news is quoted as saying:

    Xstrata, the fourth largest global diversified miner, said the board of First Coal had unanimously recommended the deal.

    To read the full market news, click here.

    coal investinglon:xta
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