Glencore open to deals as investors brace for more mining M&A
Glencore made an approach to Rio Tinto late last year with a proposition to merge the two companies.
President Obama was asked about oil sands at an energy town hall today in Pennsylvania.
He said it was a “good thing” to get oil from friendly and stable countries such as Canada, but said he would not pre-judge the State Department permit process for the proposed Keystone XL pipeline from Alberta to the Gulf Coast.
