Xstrata to pay $500 mn for Canadian coal mine
Ottawa - AFP
Commodities giant Xstrata said Thursday that it has agreed to buy western Canada\'s Sukunka coal mine from Canadian group Talisman Energy for $500 million. Located in the Peace River Coalfield of northern British Columbia, Sukunka has 236 million tonnes of coal resources. \"Based on our due diligence and technical analysis, Sukunka has the potential to be a high quality metallurgical coal mine,\" said Xstrata coal chief executive Peter Freyberg. \"Once developed, Sukunka would meaningfully increase our exposure to hard coking coal, while unlocking synergies with our neighbouring assets in the Peace River coalfield and providing additional regional scale,\" he added in a statement.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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Hitler's Nazi-parade Mercedes set
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