Tag archive for ‘Las Bambas’
Clive Minchom On Monday, July 21st, 2014

MMG Shareholders Approve Las Bambas Purchase, Ivan Glasenberg’s Glencore Looking to Collect $5.8 Billion

– – Ivan Glasenberg’s Glencore signed the deal to sell Las Bambas to the Chinese in April, 2014, and expects to finally close by the Fall of 2014.  – Today the shareholders of Australian More...

Alan Gallindoss On Thursday, April 17th, 2014

Ivan Glasenberg’s Glencore Xstrata Is Changing Its Name Back To Glencore Again One Year After Merger

– – Glencore Xstrata has just sold its big copper mining project in Peru Las Bambas for about US$5.8 billion. The company will be able to reduce its debt substantially thereby when the deal closes, More...

Alan Gallindoss On Friday, February 7th, 2014

Ivan Glasenberg’s GlencoreXstrata Closing In On $5 Billion Deal To Sell Las Bambas Copper Project

– Mining companies Glencore and Xstrata merged last May to create Glencore Xstrata (GLEN (LON) ,  a global mining giant and commodity marketing company, run by CEO Ivan Glasenberg. A regulatory More...

Alan Gallindoss On Monday, September 16th, 2013

Ivan Glasenberg Selling Las Bambas Mining Project in Peru Bids Could Reach $5 Billion

–   Ivan Glasenberg / Getty – Glencore Xstrata, the global mining giant, and commodity marketing company, run by Ivan Glasenberg reportedly expects as many as four potential Chinese More...

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