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Xstrata Ltd news

  
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Glencore finishes takeover of Xstrata
In a memorandum sent to employees and seen by the Financial Times, Ivan Glasenberg, chief executive, disclosed the new organisation chart.
Glencore Xstrata confirms top legal role as mega-merger completes  Legal Week
'No champagne' for bosses though Glencore Xstrata shares rise on debut  Telegraph.co.uk
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Glencore Xstrata buys Chad-focused oil and gas group Caracal
Glencore Xstrata has offered $1.35bn to buy Caracal Energy, a Chad-focused exploration company, in a deal that underscores its ambitions to build a sizeable oil and gas business.
Glencore gatecrashes Caracal Energy deal with rival �807m cash offer  Telegraph.co.uk
Confessions of a shopaholic: Debt-struck Glencore splashes out on Caracal ...  CITY A.M. (blog)
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Ex-Xstrata CEO Seeks Second Act With Vale's Nickel Assets in Mind
“Mick Davis is a strong and a driven individual who has been very successful,” said Vince Gauci, who was managing director of M.I.
Former Xstrata CEO mulls bid for Vale nickel mines  The Globe and Mail
Former Xstrata CEO considering bid for Vale's nickel assets - Bloomberg  Reuters
Glencore Sells $2.4 Billion Xstrata Mine for Just $19 Million
Glencore acquired the business when it took over Xstrata two years ago and put the mine up for sale in December along with two other nickel assets.
Elementos Limited appoints former Xstrata Coal chief geologist as CEO
McManus has over 20 years of experience in mining and geology, including significant experience in project development. He was formerly chief geologist with Xstrata Coal, regional manager with AMC Consultants, and managing Director of Scorpian Energy ...
How environmental impacts of the extractives sector affect children
When it comes to the oil and gas industry, UNICEF's report notes that knowledge of the specific impacts on children is more limited, but highlights the potential impacts of fracking - water consumption issues, emissions affecting air quality, and ...
Former Xstrata chief made bid for BHP Billiton assets
Mick Davis, the former head of Xstrata, attempted a dramatic comeback earlier this year, approaching BHP Billiton with an offer to buy a bundle of mines from the world's largest natural resources group, said people familiar with the matter.
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Glencore Xstrata sells copper mine to Chinese consortium for $5.85 billion
China Minmetals Non-Ferrous Metals Co Ltd, which holds about 74 percent of MMG, has agreed to vote in favour of the deal, Glencore said. Glencore said it would continue to look for opportunities to reinvest capital and any surplus capital would be ...
China snaps up Glencore copper mine for $6bn  Financial Times
After Glencore Sells Las Bambas, What to Do with the Cash?  Wall Street Journal (blog)
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Ex-Xstrata CEO Davis Said to Close In on Canada-Based Miners
Davis's X2 Resources is weighing an eventual bid for South32 Ltd., the miner being spun off next month by BHP Billiton Ltd. that's been the subject of takeover speculation, they said. In the meantime, X2 is looking at Canadian companies with copper ...
Mick Davis closes in on Canada-based miners  Mineweb
Former Glencore executive wins pay case
A High Court judge ruled on Friday that Richard Elliston, ex-company secretary of Glencore Services (UK), which was then known as Xstrata Services, was entitled to severance after he was told in 2012 that he was not entitled to both payments because it ...