Xstrata goes for Zanaga iron ore.
http://www.miningmx.com/special_reports/conf_cover/2011/mining-indaba-2011/xstrata-goes-for-zanaga-iron-ore.htm
Xstrata: challenging the Chinese.
February 8, 2011
Chinese companies keep making headlines with their acquisitions of global mineral resources. But Xstrata, the Anglo-Swiss mining group, is giving them a run for their money.
"As well as projects in its traditional stomping grounds of South Africa and Australia, the company is going into new territories, including emerging markets."
(continued)
http://blogs.ft.com/beyond-brics/2011/02/08/xstrata-giving-china-a-run-for-its-money/
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