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X2 sitting on $5bn war chest

By: Creamer Media Reporter Creamer Media's Shannon de Ryhov speaks to Mining Weekly editor Martin Creamer about X2 Resources garnering another $1-billion to take the incipient mining company towards financial reserves of close on $5-billion. 

Mick Davis X2 now sitting on nigh-$5bn war chest

By: Martin Creamer Old Xstrata recollections were reignited on Tuesday as former Xstrata CEO Mick Davis announced that his new X2 Resources had garnered in another $1-billion to take the incipient mining company towards financial reserves of close on $5-billion. A number of new investors have taken the X2 total up... 

Mick Davis and team get going again as well-backed X2

By: Martin Creamer Shades of the old Xstrata surfaced on Monday with the emergence of the new X2 Resources, backed by an initial $1-billion investment, under former Xstrata stalwart Mick Davis and his long-standing support executive Trevor Reid. X2 Partners, Noble Group Limited and TPG Capital announced their... 

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