Copper $ 5.467 / lb 1.99%
Brent Crude Oil $ 63.83 / bbl 0.84%
Palladium $ 1502 / ozt 1.35%
Crude Oil $ 60.18 / bbl 0.80%
Natural Gas $ 5.402 / Btu 6.40%
Silver Futures $ 59.23 / ozt 2.90%
Aluminum Futures $ 2918 / ton 0.09%
Micro Gold Futures $ 4246.7 / ozt 0.21%
Micro Silver Futures $ 59.255 / ozt 3.01%
Platinum $ 1661.05 / ozt -0.14%
Gold Futures $ 4247 / ozt 0.18%
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Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

Frik Els | September 08, 2012 | 8:19 pm Base Metals Energy Precious Metals Africa Europe Coal Copper Gold Nickel Potash Silver Zinc 

On Friday commodities giant Glencore raised its offer minutes before a vote on its merger with diversified miner Xstrata were to take place in the Swiss village of Zug. Following pressure from major Xstrata shareholder Qatar, Glencore upped its offer...

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