12 Jun 2011

Copper purchase confirmed

6:49 am on 12 June 2011

Xstrata has cleared the final hurdle in purchasing $A175 million worth of copper deposits in north-west Queensland.

The ABC reports shareholders in Exco Resources voted on Thursday in favour of selling the assets to the Swiss mining company.

Xstrata Copper chief executive Steve de Kruijff says the company needed the copper deposits to expand its Ernest Henry Mine near Cloncurry.