BNET Industries
Last Fiscal Year Sales:$8.0B
- Public
- CH
Dow Jones Description
Extracting minerals and materials for over 40 years. London, England-based Xstrata Plc (London: XTA) is a diversified metals and mining company. The company exports coal, produces ferrochrome and vanadium, mines and smelts zinc, mines anthracite and harvests wood. These activities are carried out throughout Australia, South Africa, Spain, Germany, Argentina, Chile and its home base of the United Kingdom. The company was founded in 1958, has revenue of $8 billion and employs about 17,000 people. In 2005 the company acquired a one-third stake in CerrejAŚn thermal coal operation, a large scale, cost competitive asset with an exceptional reserve base and access to the high growth US and European markets for $1.7 billion, and purchased 19.9% of Falconbridge Limited.
Number of Employees 40,049
Peer Companies
NAICS Code All Other Metal Ore Mining: 212299
Recent Events
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BlueScope singled out by Xstrata suit
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PRESS DIGEST-Australian Business News - Nov 5
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New Gold Announces a 16% Increase in Production, 17% Decrease in Cash Cost in the...
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Xstrata Q3 output mixed, concern on currencies
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It's Only A Matter Of Time Before Mick Davis Seduces Cynthia's Shareholders
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Three Deals Enter, Two Deals Leave
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Xstrata Drops Anglo American Bid
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Anglo American Is to Shed Managers and Some Units
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Marcial: The Gleam in Barrick Gold
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New Gold Announces 16% Increase in Gold Sales and 17% Decrease in Cash Cost in...
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Xstrata set to put Anglo bid on hold: report
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DJ Xstrata: Won't Exercise Option On Minera Andes Copper Project
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Xstrata abandons Anglo, commits to US$700m expansion
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Xstrata Holds On $48B Anglo Deal
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FNX begins shipping ore
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Deadline set for Xstrata to make Anglo bid
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Glance-Miners, oils, banks drive FTSE to fresh 2009 highs
News & Analysis
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goldcorp inc. and xstrata plc. - All News and Analysis
REGIONAL NEWS - LATIN AMERICA
- 2007-10-01
Kinross, Goldcorp to Swap Canadian, Chilean Assets Kinross Gold Corp. has entered into an asset swap with Goldcorp Inc. designed to increase Kinross's ownership and operating control of its core mines, while strengthening its strategic position in Chile. Under terms of the agreement, Kinross will sell to Goldcorp its 31.9%...
Industry's M&A Wave Rolls On
- 2007-04-01
Merger and acquisition activity continued apace in the mining industry during the period of mid-February to mid-March 2007. Here are brief summaries of some of the action: Xstrata Bids for LionOre: On March 26, 2007, Xstrata and LionOre Mining announced a friendly agreement whereby Xstrata would acquire LionOre for about...
Wheaton Achieves Record Reserve/Resource Levels
- 2005-03-07
VANCOUVER, British Columbia -- Wheaton River Minerals Ltd. ("Wheaton") (TSX:WRM)(AMEX:WHT), recently acquired by Goldcorp Inc. (TSX:G)(NYSE:GG), is pleased to report record levels of gold reserves and resources as of December 31, 2004, summarized as follows: - Proven and Probable gold reserves have increased to 5.1 million...
Wheaton Achieves Record Reserve/Resource Levels.
- 2005-03-07
VANCOUVER, BRITISH COLUMBIA, Mar 7, 2005 CCNMatthews via COMTEX Wheaton River Minerals Ltd. ("Wheaton") (TSX:WRM)(AMEX:WHT), recently acquired by Goldcorp Inc. (TSX:G)(NYSE:GG), is pleased to report record levels of gold reserves and resources as of December 31, 2004, summarized as follows: -...
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Glass Door
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