Xstrata Coal to sell stake in Donkin JV

Apr 30, 2012 | 11:06 AM | Lisa Gordon

Tags  metallurgical coal, Xstrata Coal, Donkin, Erdene Resource Development, Peter Freyberg, Lisa Gordon

PITTSBURGH — Xstrata Coal said it is seeking to sell its interest in a Canadian metallurgical coal joint venture so it can focus on larger projects.

Xstrata Coal plans to exit the Donkin coal project in Nova Scotia, which is still in the development phase, according to a joint statement from Erdene Resource Development Corp. and Xstrata Coal Donkin Management Ltd.....

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