Xstrata on lookout for distressed miners

WHILE the credit crunch is putting pressure on miners worldwide, an Xstrata executive said the market woes had boosted opportunities for the Swiss mining house.

Xstrata on lookout for distressed miners Xstrata on lookout for distressed miners Xstrata on lookout for distressed miners Xstrata on lookout for distressed miners Xstrata on lookout for distressed miners

Speaking to journalists on the last day of the 2008 Diggers & Dealers conference in Kalgoorlie, Xstrata Nickel chief financial officer Shaun Usmar said while the credit turmoil was “not helping” a