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Executive outcomes: Xstrata, Resource Pacific, Bellevue, Queensland Ores, Augur, Union, Southern, Arafura, Gold Aura, Golden West

GLOBAL mining giant Switzerland-based <b>Xstrata</b> has muscled its way to seizing over 50% of coal-focused <b>Resource Pacific</b>, resulting in a mass exodus from the Resource Pacific board.

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Executive outcomes: Xstrata, Resource Pacific, Bellevue, Queensland Ores, Augur, Union, Southern, Arafura, Gold Aura, Golden West

As a result of the hostile takeover, Resource Pacific’s entire board resigned including managing director Paul Jury and non-executive directors Carol Holley, Toby Rose and David Hughes. Xstrata replaced...

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