Glenstrata Set to Build Up Iron Ore Business
Reuters reported with the Glencore (LSE:GLEN) and Xstrata (LSE:XTA) merging the company is planning to build an iron ore empire.
Articles Tagged "xstrata"
Poyry and Xstrata Aim to Achieve Sustainable Iron Ore Mine in Congo
Pöyry's Water & Environment group reported it will prepare a social and environmental impact for MPD Congo on its Zanaga iron ore mining project.
What Possible Glencore, Xstrata Merger Means for Iron Ore
Reuters reported a merger between Glencore (LSE:GLEN) and Xstrata (LSE:XTA) will likely target iron ore as high margins tempt the potential mining behemoth.
Africa: boom time iron ore, with adventure
Mineweb.com reports that Sphere Mineral's (ASX:SPH) stock shot up when it was announced that Xstrata (LON:XTA) had placed a bid to take them over.
Sphere rebuffs Sin-Tang financing proposal
The Australian.com reports that Sin-Tang's financing proposal has been rejected by Sphere (ASX:SPH), that was in competition with Xstrata's(LON:XTA) $514m takeover offer.
Xstrata moves into iron ore
Xstrata (XTA.L) moves into the iron ore sector. Xstrata is funding an exploration project in the Republic of Congo. The news release is quoted as saying: Anglo-Swiss Xstrata will pay at least $50 million towards prospecting and a pre-feasibility study of the Zanaga project in the Lekoumou district of the Republic of Congo, also known [...]
Anglo American has considered investor for Brazilian Iron Ore Project
Anglo American, the mining company that rejected Xstrata Plc’s proposed merger two days ago, may seek a partner to invest in its $3.6 billion Minas-Rio iron ore mine in Brazil. For full story, click here
Lay-offs at xstrata mines
‘Global recessional tsunami’ engulfs almost 700 workers at Xstrata Sudbury. For full story, click here
