Mining Exploration Company Expand Mining Contract, Leighton Plans Invest Coal Mine and Iron Ore Exploration

Leighton, which gets about a quarter of its sales operating mines for companies such as BHP Billiton Ltd., will sell stock to shareholders at A$35.35 apiece, 17 percent less than its close yesterday, the Sydney-based company said in a statement.
Chief Executive Officer Wal King, 64, forecast profit will rise at least 15 percent this year [...]

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