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...
Israel Corp Seeks Buyer For its Interest In Peruvian Power Company Edegel for $500 Million
– Idan Ofer / Getty – Reports in the Israeli newspaper, Globes, yesterday indicated that Israel Corp may be having discussions to sell its 21.1% stake in Peru’s largest private power producer More...
Eduardo Hochschild increases his stake in the family business
– Hochschild picked up a further 16.9m shares in Hochschild Mining paying out just under $40 million. – Eduardo Hochschild /Getty – Eduardo Hochschild, the Executive Chairman of Hochschild 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...
Eduardo Hochschild updates shareholders on discoveries and developments at Hochschild Mining’s AGM in London
Hochschild , grandson of the legendary Moritz Hochschild who founded the company in Bolivia in 1919, now oversees one of the largest silver and gold mining operations in the world, with the principal More...
Ivan Glasenberg breathes a sigh of relief as China gives the go ahead on his $64billion merger
– After more than a year of intense negotiation, the CEO of global mining concern Glencore has leapt what looks like the final major barrier in his marathon to bring his company’s merger with More...