Xstrata exists under Glencore who bought them. What's in a name.

That’s like saying Inco is the same as Vale or Amoco is the same as BP. There is almost no senior management left from Xstrata after the takeover. I am not saying it is impossible I am just suggesting the odds are drastically lower now that Glencore has taken Xstrata over.

"We are afraid of Greenfield" projects, Ivan Glasenberg said in an analyst conference call. "We will try to avoid them as long as possible; I'm not saying forever," he added, but he said the company foresees more attractive returns from brownfield expansions and mergers and acquisitions than investment in greenfield projects

http://online.wsj.com/article/BT-CO-20130305-705265.html