Tag archive for ‘Xstrata’
News Brief On Wednesday, August 19th, 2015

Glencore Reports Loss, Warns on Trading Profit

  London based Glencore PLC swung to a steep, first half-year loss, hit by sharp price falls in the raw materials it extracts and lower profit from the trading business that was supposed to cushion More...

Mick Davis
Jewish Business News On Tuesday, June 30th, 2015

Mick Davis’s X2 in ‘serious’ talks for Rio Tinto’s coal assets in Australia: FT

The Financial Times reported this morning that Mick Davis, the former head of Xstrata, is in “serious” talks with Rio Tinto about a multibillion-dollar offer to buy some of the global miner’s Australian More...

Mick Davis
Mining On Wednesday, April 22nd, 2015

Mick Davis tells investors to stay away from coal, Africa

  Former Xstrata boss Mick Davis, a driving force in the deal making that transformed the mining sector during the commodities boom, suggested investors to stay away from coal and Africa, until at More...

Mick Davis
Tibi Singer On Saturday, March 7th, 2015

Mining Boss Mick Davis Staging Big Comeback, Committed to UK Jewish Life

Mick Davis, who presided over the sale of Xstrata, the world’s largest exporter of thermal coal, to Glencore for $50 billion, has accumulated $5.6 billion in investments—from Noble Group, TPG More...

Eli Horn On Monday, January 12th, 2015

Glencore’s Ivan Glasenberg Maneuvering to Create Mining Goliath

A multibillion-dollar merger between commodities conglomerate Glencore and mining giant Rio Tinto may take place this year as Glencore’s CEO is pushing for the deal, a report said. A Glencore-Rio tie-up More...

Vered Weiss On Tuesday, November 25th, 2014

U.K Hedge Fund Manager Says Glencore Will Likely Buy Rio Tinto

–   A U.K-based hedge fund manager Ian Hannam, said Glencore’s buying Rio Tinto is very likely to happen. Ivan Glasenberg has made Glencore into an international mining behemoth, and if More...

Vered Weiss On Monday, October 13th, 2014

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...

Vered Weiss On Thursday, October 2nd, 2014

Judge Dismissing Louis Dreyfus Commodities Manipulation Lawsuit

U.S. Judge Andrew Carter changed his tune from an earlier hearing and dismissed a claim brought under the Sherman anti-trust Act in a lawsuit against Netherlands-based Louis Dreyfus Commodities BV over alleged More...

Alan Gallindoss On Tuesday, August 20th, 2013

Ivan Glasenberg’s Glencore Now Includes Xstrata : $8.9 Billion Net Loss Reported After Write-Offs

– Ivan Glasenberg, chief executive officer of  Glencore International/ Getty – / By Clive Minchom / Glencore Merged with Xstrata May 3rd, 2013 When Glencore completed the merger with its More...

Alan Gallindoss On Wednesday, June 12th, 2013

Ivan Glasenberg Revamps Board of Directors of His New Baby GlencoreXstrata

– Sources also reveal US$17.3 billion new corporate credit lines on the wayץ – Ivan Glasenberg / Getty – / By Clive Minchom / About a month ago, on May 3rd 2013, Ivan Glasenberg finally More...

Wordpress site Developed by Fixing WordPress Problems