Rio Tinto Fleeing Ivan Glasenberg’s Advances, May Find Sanctuary in Freeport

Rio Tinto, desperate to avoid being taken over by Glencore, may buy Freeport McMoRan in a deal that is a “classic defensive move, ” according to Bernstein analyst Paul Gait, as reported by More...

Ivan Glasenberg Appoints First Ever Woman Patrice Merrin To Board Of Glencore

– In praise of political correctness. Ivan Glasenberg’s Glencore mining company today announced it has finally appointed a woman, Patrice Merrin, to its Board of Directors and independent Non-Executive More...

Ivan Glasenberg’s Glencore Group To Spend $1 Billion To Buy 50.1% Control Of Coal Mine In Australia Together With Sumitomo

– Ivan Glasenberg / Getty – On Friday Ivan Glasenberg’s Glencore Xstrata Plc (Glencore) and Sumitomo Corporation (Sumitomo) signed a deal to jointly acquire, on a 50:50 basis, Rio Tinto’s More...