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Gloucester Coal Mine Exploration Company Report Inncrease Profit 30 per cent


Glouceste coal mining company reports advantage from result of exploration and produce of coal they increase 30 percent.
improvement of advantage yielded by gloucester, Profit during the 12 months to June climbed to $23.4 million, after Gloucester secured a price increase in excess of 270 per cent for its coking coal contracts with Japanese customers.
Chief executive [...]

Xstrata in $391m bid for Gloucester Coal


Xstrata Coal, the world’s largest producer of export thermal coal, has launched a $391 million takeover for Gloucester Coal to extend the life of the predator’s New South Wales operations.
The cash offer of $4.75 per share has been unanimously recommended by Gloucester Coal directors.
Xstrata Coal chief executive Peter Coates said there were unique synergies associated [...]

Xstrata in $391m bid for Gloucester Coal


Xstrata Coal, the world’s largest producer of export thermal coal, has launched a $391 million takeover for Gloucester Coal to extend the life of the predator’s New South Wales operations.
The cash offer of $4.75 per share has been unanimously recommended by Gloucester Coal directors.
Xstrata Coal chief executive Peter Coates said there were unique synergies associated [...]