Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.
Encoal Energy and Gopher Land Services says Canadian-owned Cobalt Coal stopped paying in May, but "was still actively mining as of this week and is now effectively trespassing because Gopher owns the land where the mine portal is located".
A new report released by Greenpeace claims that China's insatiable demand for coal could imperil fragile water resources in the country's vast north-western hinterland.
Total US wind power capacity now sits at 50,000 megawatts, enough to power 12 million homes annually and according to energy officials nearly 70% of all of the equipment installed at US wind farms last year came from domestic manufacturers.
Joseph E. Stiglitz, Nobel laureate in economics and professor at Columbia University, has some sobering thoughts for Ghana, Uganda, Tanzania, and Mozambique.