Commodities giant Glencore buys majority in Peru’s Mina Justa copper mine for $475 million

Commodities giant Glencore says it is buying a majority stake in Peru’s Mina Justa copper mine for $475 million.

Swiss-based Glencore International PLC said Monday the purchase of a 70 per cent stake in Marcobre SAC from CST Mining Group Limited is subject to inspection of the books and price adjustment.