Johannesburg — ANGLO American's coal business Anglo Coal is to buy a 70% stake in the Girrah coal deposit in central Queensland, Australia, from Wesfarmers Curragh for $33m, as it seeks to capitalise on synergies in its Australian coal operations.
The deposit is located near Anglo Coal Australia's 70%- owned-and-managed German Creek mine and Anglo said the proximity of the two operations should allow for synergies that would come with the development of a mine at Girrah.
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