Xstrata to provide update on future of proposed N.S. coal mine

The Canadian Press ~ The News
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DONKIN, N.S. - A Cape Breton community anxious for work is hoping to get a definitive answer Wednesday on a proposed new coal mine.
Xstrata Donkin Coal Management officials have scheduled a meeting at the Donkin, N.S., fire hall to provide an update.
There's been a lot of talk in the area but no one seems clear on whether the project will go ahead or be cancelled.
Hugh Kennedy, chairman of the Donkin-Port Caledonia Rural Development Association, admits he's been hearing a lot of speculation but says he's heard nothing from Xstrata.
The price of thermal coal may well determine the outcome.
Two years ago, coal peaked at an average of $129 a tonne, but fell back last year to an average of $72 a tonne.

Organizations: Xstrata, Donkin-Port Caledonia Rural Development Association

Geographic location: Cape Breton

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