Xstrata spends A$87m on Australian zinc

Swiss-listed diversified miner Xstrata would invest some A$87-million in its Australian zinc operations to increase yearly production by 5%, or 25 000 t. The company’s zinc division would accelerate production from the Lady Loretta underground...

Company Announcement: Lady Loretta and Handlebar Hill Mines Expanding

Xstrata Zinc is accelerating production from the Lady Loretta underground mine and further extending the life of the Handlebar Hill open cut operation in Queensland, Australia, generating a net increase in annual zinc production of 5% .

Xstrata approves A$246m Queensland zinc project

Diversified miner Xstrata has given the green light for the A$246-million development of the Lady Loretta zinc/lead/silver project, in Queensland, the company announced on Tuesday. Work would start immediately to develop the decline and...

Xstrata reaffirms commitment to Mount Isa region

Diversified miner Xstrata on Wednesday refuted claims that it would be withdrawing from its Mount Isa operations, in Queensland, as a result of the proposed super profits tax (SPT). “Xstrata would like to reaffirm its commitment to Mount...

Project delays, mine shutdowns and cutbacks

A chronological summary of project delays, mine shutdowns and production cutbacks announced by miners around the world in response the falling metals prices and tightening financial markets. Begins July 2008.

Xstrata restructures Mt Isa zinc/lead operations to secure long-term future

Global diversified mining group Xstrata would put Handlebar Hill zinc operation on care-and-maintenance, and would suspend the planned upgrade of the Pac Rim crushing system, it said on Tuesday. The Handlebar Hill mine would be closed on February...

Positioned for growth

Diversified mining company Xstrata's commitment to growth remains at the heart of its strategy to create value, CEO Mick Davis commented in the group's interim report earlier this year.

Handlebar Hill opencut zinc/lead mine project, Australia

Xstrata Zinc has announced the approval of the Handlebar Hill opencut zinc/lead mine project.