Dec 24 (Reuters) - Global mining giant Anglo American Plc
said it would sell its majority interest in Dartbrook coal mine in Australia to Australian Pacific Coal Ltd (AQC) in a deal worth up to A$50 million ($36.35 million). Anglo American, which announced a restructuring of its assets earlier this month, said the deal would comprise of A$25 million in cash, with the rest being received in the form of royalty payments. [nRSX1668Ka]
The company said Dartbrook mine, in which it has an 83.3 percent stake, has been on care and maintenance since 2006. ($1 = 1.3757 Australian dollars)
News: Anglo American to sell interest in Australian coal mine
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