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HCI KHUSELA NEGOTIATES RIGHTS TO OPERATE XSTRATA COAL RESERVE

05 Sep Mining

COAL miner HCI Khusela Coal was in the process of gaining rights to operate a coal reserve owned by industry major Xstrata, it said yesterday. If the deal goes ahead, HCI Khusela would double its reserves in Mpumalanga. HCI Khusela MD Fleur Honeywill said Xstrata had agreed to allow her firm to make use of Xstrata`s prospecting rights on a property adjacent to its own on the Ogies farm in Mpumalanga.

Source: Business Day – Reuters