Xstrata A Step Closer to Acquiring MIM

Switzerland based Xstrata have received approval from Australian authorities for their proposed acquisition of MIM Holdings, the Australian based mining and mineral processor who specialise in copper, coal, lead, zinc, silver and gold.

The fate of the acquisition now lies in the hands of the shareholders, which will take place on June 6, subsequent to court approval.

For more information on copper, click here.

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