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Results 1 - 10 of 155 for glencore

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  1. Business - Commodities - ACQUISITIONS

    China Minmetals near US$5b deal to acquire Glencore copper mine in Peru

    Posted Feb 08th 2014, 05:12am by Bloomberg

    ... Bloomberg in Beijing and Eric Ng China Minmetals near US$5b deal for Peru mine A group led by China Minmetals is nearing an agreement to purchase Glencore Xstrata's Las Bambas copper ... commodities producer and marketer Glencore could be announced as early as this month, subject to Beijing's approval, said the people, who asked not to be identified because the process ...

    http://www.scmp.com/business/commodities/article/1423467/china-minmetals-near-us5b-deal-acquire-glencore-copper-mine
  2. Business - Companies

    Glencore squeezes US$2 billion out of Xstrata deal

    Posted Sep 10th 2013, 09:06am by Reuters

    ... Clara Ferreira-Marques in London Glencore will cut spending, shelve dozens of projects and squeeze more than expected from its record-breaking purchase of mining group Xstrata, lifting benefits from the deal to at least US$2 billion next year. Commodities trader Glencore has been at pains to defend its US$46 billion takeover of Xstrata, a blockbuster for the mining sector ...

    http://www.scmp.com/business/companies/article/1307464/glencore-squeezes-us2-billion-out-xstrata-deal
  3. Business - Companies - RESOURCES

    Glencore sees China bids for US$5b Peru copper mine

    Posted Sep 12th 2013, 12:00am by BLOOM

    ... Bloomberg in London Glencore sees China bids for Peru mine Glencore Xstrata, the global commodity trader and metals producer run by Ivan Glasenberg, expects as many as four Chinese bidders ... there will be at least three to four groups bidding. There is some other outside interest besides the Chinese consortiums Glencore Xstrata chief executive Ivan Glasenberg A first round of bids is due next week, ...

    http://www.scmp.com/business/companies/article/1308538/glencore-sees-china-firms-bidding-us5b-peru-copper-mine-las
  4. Business - Commodities - RESOURCES

    Glencore cuts budget at Tampakan copper-gold mine in the Philippines

    Posted Aug 14th 2013, 12:00am by Reuters

    ... Reuters in Manila Glencore slashes budget at mine in Philippines Glencore Xstrata will cut up to 920 jobs and take the axe to spending at its US$5.9 billion Tampakan copper-gold project ... not been officially put up for sale. But, like many of the big-ticket mining projects previously held by Xstrata, it is under review by its new owners and is one of four projects Glencore has said ...

    http://www.scmp.com/business/commodities/article/1296515/glencore-cuts-budget-tampakan-copper-gold-mine-philippines
  5. Business - Commodities - METALS

    Miners bid to develop Australian bauxite project

    Posted Sep 19th 2013, 12:00am by BLOOM

    ... Bloomberg in Sydney Glencore and Chinese group vying to win rights to mine in Queensland after rivals pull out Miners bid to develop Australian bauxite project Glencore Xstrata and China's Australian Indigenous Resources have submitted proposals to Australia's Queensland government to develop the Aurukun bauxite project in the northeastern state. Queensland in April ...

    http://www.scmp.com/business/commodities/article/1312615/miners-bid-develop-australian-bauxite-project
  6. Business - Companies

    Rio Tinto rejects merger approach from Glencore

    Posted Oct 07th 2014, 01:20pm by Reuters

    ... Reuters in Melbourne Rio Tinto rejected a merger approach from smaller rival Glencore to create a US$160 billion mining and trading giant in August, the world's No 2 miner said on Tuesday, following media reports on Glencore’s ambitious plan. Rio said Glencore had contacted it about a potential merger in July, adding that it turned Glencore down in August and there had been ...

    http://www.scmp.com/business/companies/article/1611315/rio-tinto-rejects-merger-approach-glencore
  7. Business - Companies - MANAGEMENT

    Glencore's aluminium chief in shock exit

    Posted May 23rd 2013, 12:00am by Reuters

    ... Reuters in New York Glencore's aluminium chief in shock exit Glencore Xstrata's head of aluminium, Gary Fegel, is set to leave the company, sources said, the first high-profile departure since commodity trading giant Glencore closed its purchase of miner Xstrata this month. Fegel's departure from one of the most powerful jobs in the global aluminium market will come ...

    http://www.scmp.com/business/companies/article/1243754/glencores-aluminium-chief-shock-exit
  8. Business - Commodities - COMMODITIES

    Glencore puts its cards on the table

    Posted Sep 11th 2012, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Commodities supplier says it has no intention of raising its share swap offer any higher Glencore puts its cards on the table Glencore International, the world's largest publicly traded commodities supplier, says its merger offer to swap each share of Xstrata that it does not already own for 3.05 Glencore shares will not be raised further. It also ...

    http://www.scmp.com/business/commodities/article/1033732/glencore-puts-its-cards-table
  9. Business - Companies - GOVERNANCE

    Diversity holdout Glencore appoints female director

    Posted Jun 28th 2014, 01:09am by Reuters

    ... Reuters in London Diversity holdout Glencore finally follows peers with the appointment of a female director Curtain falls on last blue chip's all-male board Commodities trader and miner Glencore, the last London-listed blue-chip company with an all-male board, has appointed Patrice Merrin as its first female board director. The group had come under fire from some ...

    http://www.scmp.com/business/companies/article/1542053/diversity-holdout-glencore-appoints-female-director
  10. Business - Commodities - ACQUISITIONS

    MMG's Peru copper project faces cost blowout and delays

    Posted Oct 16th 2014, 03:37pm by Eric Ng

    ... more to finish than the previous owner Glencore's estimate. The mine was also expected to take longer to complete, MMG said in its third-quarter performance update yesterday, citing labour ... it conducted due diligence on the project, were behind earlier protracted talks with Glencore on the acquisition. "During the subsequent owners' review, the following factors have been noted ...

    http://www.scmp.com/business/commodities/article/1617636/mmgs-peru-copper-project-faces-cost-blowout-and-delays

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