Wednesday, March 24, 2010

Xstrata Looking At Irish Zinc Project

The chief executive of global miner, Xstrata, has said that his company is interested in buying some of Anglo American’s zinc assets, which were put up for sale last year with a reported price tag of $US800 million.

"We are interested in Anglo's zinc business, and are looking at probably all assets," Santiago Zaldumbide said. "We're particularly interested in Anglo's Lisheen mine [in Ireland], which is close to one of our interests." Xstrata has a majority stake in the Pallas mine.

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