Diversified mining giant Anglo American has confirmed that it expects to receive first-round offers this week for its Peace River Coal assets in Canada, in which it holds a 74.5% stake. Anglo’s partners may participate in the offer as there is the option to sell up to 100% of Peace River, said an Anglo spokesman in London. Hillsborough Resources, holding a 13.4% stake, which was recently bought by trading giant Vitol, and NEMI Northern Energy & Mining Inc. (12.1%) are combined in the offer.
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