Connect with us

Hi, what are you looking for?

Jewish Business News


What Will Mining Mogul Mick Davis Buy Next?

Glencore's $31 Billion Xstrata Takeover Approved in Final Vote


Well the guessing game continues concerning which assets mogul miner Mick Davis is going to buy to build up his mining company.  His company Xstrata, an Anglo-Swiss multi-national miner, merged with Glencore in a $27 billion sale. Davis has been working with Goldman Sachs on financing and is consulting with First Avenue.

As commodity prices fall, many miners are struggling and are forced to sell assets, but that is good news for potential buyers like Davis. Possible candidates may be the segment BHP Billiton is spinning off, or the non-South African assets AngloGold Ashanti has unloaded.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Mick Davis has been in the news for more than mining. The Jewish Standard put him at the top of the list as “Most Influential Jew in England.” South African born Davis has been staunchly critical of the Israeli government during the recent Gaza conflict and his calling Israel an “Apartheid state.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.