Copper $ 5.462 / lb 1.89%
Brent Crude Oil $ 63.75 / bbl 0.71%
Palladium $ 1502.2 / ozt 1.36%
Crude Oil $ 60.08 / bbl 0.64%
Natural Gas $ 5.289 / Btu 4.18%
Silver Futures $ 59.053 / ozt 2.59%
Aluminum Futures $ 2861 / ton 0.00%
Micro Gold Futures $ 4273.8 / ozt 0.14%
Micro Silver Futures $ 59.053 / ozt 2.66%
Platinum $ 1660.5 / ozt -0.17%
Gold Futures $ 4243 / ozt 0.08%
Go to MDC Markets

Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Cecilia Jamasmie | June 27, 2012 | 1:57 pm Base Metals Energy Precious Metals Europe Coal Copper Gold Iron Ore 

Commodities trader Glencore International (LON:GLEN) said Wednesday that it is studying modifications to its $26 billion bid for miner Xstrata (LON:XTA), after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms, including the controversial executive retention package....

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now