November 16, 2010 MetroCoal Limited announce that the Surat Basin Region has been given a significant boost following the conditional approval announcement by Queensland Government authorities on Friday, 12 November 2010 for a proposed A$3 billion coal project. MetroCoal said the conditional approval by the Queensland Co-ordinator General of the Xstrata managed Wandoan Coal project greatly enhanced the region‟s standing as world-class coal province.
June 3, 2010 Xstrata announced that the Company has suspended A$586 million of expenditure to develop both the A$6 billion Wandoan thermal coal project and a A$600 million project to extend the life of the Ernest Henry copper mine, with immediate effect. The decisions represent the initial findings from Xstrata's ongoing review of planned investment into its Australian operations and growth projects as a result of the Australian Government's proposed Resource Super Profits Tax.
January 29, 2009 Reported that completed prefeasibility study delineated more than 540 million tonnes Coal Reserves and an increase of more than 470 million tonnes in Measured and Indicated Coal Resources.
