Xstrata's board will recommend the merger of the company with fellow Swiss commodities giant Glencore.
Switzerland Mining News
Brokers Collins Stewart and Evolution Securities were upbeat about iron ore producer Ferrexpo (LON:FXPO), which released production figures today. The firm reported numbers for the second quarter of 2011 revealing that pellet production from its own ore had increased 6.9 percent compared to Q1.
LONDON - Uneasy markets mean Glencore is likely to put off a decision on whether to push ahead with its flotation until the last possible moment. Glencore has so far played a cagey game, raising […]