MTE 0.00% 3.0¢ metrocoal limited

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    Major miner Xstrata is making an agreed $153 million bid for Canada's First Coal Corporation which owns coking coal exploration leases in British Columbia

    http://www.mineweb.co.za/mineweb/view/mineweb/en/page38?oid=132429&sn=Detail&pid=38


    http://www.firstcoal.com/s/AboutUs.asp

    Historic resources are estimated at 1.6 billion tonnes of primarily metallurgical coal and overall resources indicate the potential for establishing long life mines
 
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