Mixed production update from Xstrata - UPDATE

Xstrata, the Switzerland-based miner which looks set to merge with commodities trader Glencore, said volumes of thermal coal, zinc and lead in concentrate and zinc metal in the third quarter increased year-on-year.

Xstrata, the Switzerland-based miner which looks set to merge with commodities trader Glencore, said volumes of thermal coal, zinc and lead in concentrate and zinc metal in the third quarter increased year-on-year.

In a third quarter production update, the company also said that ten major projects will commence commissioning on schedule by the end of 2012, across every commodity business, transforming volumes, costs and asset quality.

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