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...

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...

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...

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...