Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Anglo American agrees sale of Foxleigh metallurgical coal mine

downloadAnglo American plc (“Anglo American”) has entered into a Sale and Purchase Agreement with a consortium led by Taurus Fund Management to sell its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia.


The transaction will be effected via a sale of shares in the subsidiary companies holding Anglo American’s interest in Foxleigh.

The transaction remains subject to several conditions precedent and its terms are confidential, Anglo American said in a statement April 4.

Foxleigh is an open cut coal operation, which produces high quality pulverised coal injection (PCI) coal, located in Queensland’s Bowen Basin, 12 kilometres southwest of Middlemount. Anglo American’s attributable share of Foxleigh’s saleable production was 1.86 million tonnes in 2015.

Source: http://classfmonline.com/1.8870269

Share this article

Leave a reply

Personality of the Month
Follow Us Online
About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar