Glencore
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Glencore Xstrata up on first day of trading after merger
The newly combined company’s stock price rose over 4%
Fresh delays hit Glencore-Xstrata $76 billion mega merger
New deadline for completion is May 2.
Large-scale deals to head down the mineshaft in 2013: PwC
The number of global deals has fallen to its lowest level since 2005.
Glencore-Xstrata profits hit by $2.6bn writedowns and slump in commodity prices
The results add to the recent list of a dreadful reporting season from major miners, such as Rio Tinto and Anglo American.
Mining mergers in 2012 hit lowest in seven years: PwC
Mergers and acquisitions in the sector fell 30% last year and will continue to be low in 2013.
Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program
The world’s largest commodities trader said more details about the pending deal will be revealed on Tuesday. Meanwhile, it faces claims of supplying Iran with key ingredients for the manufacture of tubes used in uranium enrichment centrifuges.
Glencore vows to appoint female director
The move would drop the number of FTSE 100 with all-male boards to five.
Glencore-Xstrata post poor key metals output
The miners joint production numbers released by Glencore revealed a decline in output across key metals such as coal and copper.
Exotic travel and lots of money: commodity trader for a major miner lists business perks
A social media user who claims being a commodities trader at giant Glencore (LON:GLEN) opened up a forum on Reddit on Sunday in which he answered lots of questions about what it's like to work at the big firm.
Glencore and Xstrata postpone final merger date, but get Eskom’s support
Eskom's announcement removes one of the last few hurdles in the two companies' quest to create the world's fourth-biggest diversified miner.
Anglo Asian signs copper sales contract with Glencore
Under the terms of the sales agreement, Glencore will purchase 250 wet metric tonnes (WMT) per month of copper concentrate product.
Glencore-Xstrata deal hits South African snag
Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.
A no-brainer? Davis takes Carroll's job at Anglo
"I have not yet decided what my future plans will be but certainly retirement will not be part of them."
Glenstrata, the new mining king, is born
In what shouldn’t come as a surprise for those following the recent events related to the touted and long delayed $66 billion merger between diversified miner Xstrata (LON:XTA) and commodity trader giant Glencore International (LON:GLEN), the Swiss company's shareholders have approved the deal.
BHP Billiton looks for new CEO outside mining
BHP Billiton's (NYSE:BHP), the world's largest mining company, has not been successful in its quest to find a suitable successor to Marius Kloppers, as the South African approaches his sixth year as chief.
Glencore opens up a huge zinc opportunity
Glencore’s rivals are salivating at the prospect of the deal coming up for grabs.
EU delays Glencore-Xstrata merger verdict
The European Commission said Wednesday it is delaying the deadline to emit a verdict on Glencore International PLC's $70 billion merger proposal with Xstrata (LON:XTA) after Glencore (LON:GLENA) made concessions to reduce EU concerns about too much potential concentration of interests in northern Europe.
Qatar sees Glencore/Xstrata merger positively
Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International (LON:GLEN).
Xstrata gets an extra week to decide on Glencore merger
Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.
Glasenberg won't budge on Xstrata
Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.
Glencore gets a bigger piece of the iron ore pie with Bellzone's output offtake
Shares of iron miner Bellzone were on the rise this morning after the company agreed to sell all of its share of output from the Forecariah mine in Guinea to commodities trading giant Glencore.
Xstrata to create world's biggest zinc mine
Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
Colombian coal miners’ strike risks Glencore operation
Following a series of recent protests and other problems affecting mining companies with operations in Colombia, coal workers for the local unit of Glencore International went on strike late Thursday, causing the immediate halt of the company's operations in the country.
Vale sells ferromanganese units to Glencore for $160 mln
Vale, the world's second-largest mining company, sold its ferromanganese plants in Europe to Glencore International for $160 million, as it seeks to help finance core investments in iron ore, coal and nickel.
Xstrata-Glencore merger to be decided Sep 7
Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach an agreement on the conditions.
Xstrata-Glencore merger vote postponed: unions raise concerns
Xstrata has delayed voting on a merger with Glencore as investors continue to dictate the offer and unions become more vocal about their concerns over the deal.
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