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Xstrata Ltd news

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China snaps up Glencore copper mine for $6bn
Glencore Xstrata is selling its Las Bambas copper mine project to a Chinese consortium for at least $5.85bn, underscoring China's continued demand for commodities to feed industrial growth and bolstering the balance sheet of the resources group led by ...
UPDATE 4-Metal-hungry China buys Glencore copper mine for $6 bln  Reuters
After Glencore Sells Las Bambas, What to Do with the Cash?  Wall Street Journal (blog)
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Glencore to divest 24% stake in Lonmin
Glencore came to own its stake in Lonmin through its $68bn acquisition of Xstrata in 2013, and Ivan Glasenberg, chief executive, has on several occasions described the holding as “non-core”.
Glencore to divest 23.9pc Lonmin stake
Glencore's chief opts for Lonmin share-out  The Guardian
Ex-Xstrata CEO Raises $5.6 Billion, Ready for Acquisitions
X2 is hunting for assets to buy from the world's largest miners such as BHP Billiton Ltd., Rio Tinto Group, Vale SA and Anglo American Plc, who are reshaping their portfolios after commodity prices slumped and a decade-long $626 billion acquisition ...
Former Xstrata Chief Mick Davis Raises $5.6 Billion for Mining Deals  Wall Street Journal
Former Xstrata boss Mick Davis raises �3.6bn for deals
Ex-Xstrata CEO's X2 Said to Be in Talks With Rio on Coal
X2 Resources, the private-equity firm founded by former Xstrata Chief Executive Officer Mick Davis, is in talks to buy Rio Tinto Group's controlling stake in three Australian coal mines, according to two people familiar with the matter.
X2 Resources Reportedly In Talks To Buy Rio Tinto's Coal Assets In Australia  London South East
Rio Tinto Limited rumours adds to deal frenzy: What you need to know  Motley Fool Australia
Glencore's ambitions have global implications
While there is limited overlap between the two groups in terms of individual commodities, possession of such a suite of minerals would give Mr Glasenberg a more powerful grip on the industry.
Glencore eyeing other takeovers after Rio Tinto mega-merger proposals rebuffed  This is Money
Rio's Acquisition Of Freeport Could Ward Off Rio-Glencore Merger  Bidness ETC
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Glencore's Glasenberg forecasts 'blowout' year for oil trading
Following a dire year for commodities that hit profits at Glencore - one of the world's largest producers and traders of resources from coal to copper - Ivan Glasenberg said trading in the oil business was improving strongly, with more volatility in ...
Glencore attacks anti-coal lobby
Glencore has criticised global leaders for neglecting investment in “clean coal” technologies and adopting “populist policies” that ignore the world's reliance on the fuel.
Glencore share price: Miner to bet on coal for future growth  iNVEZZ
Glencore scouts for more coal as prices sink  Mineweb
Glencore's Glasenberg bides his time on Rio Tinto
In October, Glencore, the company he leads, revealed that an informal merger approach to its larger rival, Rio Tinto, had been rebuffed some months earlier.
Mining giant Glencore weighs up new bid for rival Rio Tinto  This is Money
Australia's Hockey vs Glencore's Glasenberg  Mineweb
News & Tips: Sirius Minerals, Costain Group, Wincanton & more...
Tethys Petroleum (TPL) signed an agreement for a $47.7m private placing of 318m new ordinary shares at a price of $0.19 per ordinary share with AGR Energy Holdings Limited. Meridian Energy said on Wednesday that it would extend until August the ...
Rainmaker Klein stays in the shadows as Glencore eyes Rio Tinto
The former Citi supremo, who brokered talks between Ivan Glasenberg and Mick Davis two years ago to seal a highly complex, $41bn merger between Glencore and Xstrata, has been unusually quiet for the past two years.