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Glencore to spend $956M to increase stake in Peru's largest zinc producer

Cecilia Jamasmie | October 03, 2017 | 8:55 am Base Metals Energy Precious Metals Europe Latin America Coal Copper Silver Zinc 

Miner and commodities trader Glencore (LON:GLEN) is buying 26.73% of the voting shares in Peru's largest zinc producer, Volcan Compañía Minera SAA, in a deal worth at least $531 million. The Swiss company will pay $1.215 per class A common...

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