Swiss mining company Xstrata has been buying up farms outside Muswellbrook, NSW, as part of its coal exploration.
According to The Australian Financial Review, a 190-hectare property at Denman has been purchased for $2.9 million and a 94ha property at Wybong settled for $950,000.
Xstrata also is believed to have settled on vineyard properties such as Cruikshank Callatoota Estate for several million dollars.
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