Xstrata News

LIMA, Peru &#8212 Peru's government declared a 30-day state of emergency in a highland province on Monday after it said two people were killed and dozens of police officers injured in violent anti-mining protests.

Two people were killed and 40 were injured in protests near Xstrata Plc's Peruvian copper mine on Monday, as people clashed with police forcibly clearing roadblocks that have isolated the mine, officials said.

Xstrata PLC is readying a bonus package worth as much as GBP50 million to retain its chief executive, Mick Davis, prior to the company's merger with Glencore , The Financial Times reports on its website Sunday, citing "people familiar with the terms." The terms of the agreement must be approved by Xstrata shareholders as part of the planned merger, ... (more)

Qatar Investment Authority, owner of Qatar Holding LLC, said Friday it bought 1.91 million shares in diversified mining group Xstrata PLC at 917.23 pence, lifting its total holding to 258.25 million shares, or 8.6%. -Xstrata shares at 1100 GMT, down 18 pence, or 1.94%, at 916.6 pence valuing the company at GBP27.53 billion

The FTSE 100 index clung to positive territory on Thursday, supported by gains for Standard Chartered PLC but weighed by losses for Tesco PLC and Xstrata PLC and general downbeat sentiment for Europe.

LIMA Xstrata Copper, a division of Anglo-Swiss mining company Xstrata PLC , said Wednesday that ongoing protests aimed at its Tintaya mine in southern Peru have not affected production.A group of residents in the province of Espinar, located in Peru's Cuzco region, started protests this week to pressure Xstrata to increase contributions to a fund ... (more)

Xstrata PLC , a global diversified mining group, Wednesday announced the commencement of a $2.0 billion commercial paper program, adding that the net proceeds raised by the sale of the Notes will be used to repay debt and for general corporate purposes.

Glencore's bruised stock could get a boost after a lock-up on a large slice of employees' shares expires, in a welcome lift for the commodities trader as its $30 billion bid for miner Xstrata nears the final stages.

Glencore's bruised stock could get a boost after a lock-up on a large slice of employees' shares expires, in a welcome lift for the commodities trader as its $30 billion bid for miner Xstrata nears the final stages.

Copper demand from China, the world's largest consumer of the industrial metal, is expected to pick up in the second half of the year, although the outlook in Europe remains concerning, the head of Xstrata PLC's copper division said Tuesday, adding that future investment decisions may be affected by continued global economic uncertainty.

Chinese copper demand is expected to pick up in the second half of the year, with moves by the government to stimulate its cooling economy a positive for industrial metal markets, the chief executive of Xstrata PLC's copper division said Tuesday.

Qatar Investment Authority, owner of Qatar Holding LLC, said Monday it bought 1.64 million shares in diversified mining group Xstrata PLC at GBP9.1772 per share, lifting its total holding to 250.54 million shares, or 8.344%. -Xstrata shares at 0805 GMT, up 12 pence, or 1.26%, at 926.2 pence valuing the company at GBP27.47 billion

Xstrata Plc, the world's fourth- biggest copper producer, risks missing a 2016 target to open its $60 billion mine in the southern Philippines because of opposition from the Catholic Church.

Lead is poised to rally after erasing this year's gains with the market returning to shortages following a five-year glut as miners fail to keep pace with record demand for batteries.

Authority is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc , and the sovereign fund has already taken a holding Total SA and is pursuing avenues to invest in Glencore International Plc as a long term and major shareholder in Shell, and particularly given our excellent strategic ... (more)

For anyone wondering, rare earth is not undercooked dirt that someone forgot to leave in the cosmic oven for the proscribed portion of time.

Qatar Investment Authority, owner of Qatar Holding LLC, Thursday said it bought 2.27 million shares in diversified mining group Xstrata PLC at 1,099.68 pence and 2.284 million at 1,094.9 pence, lifting its total holding to 248.9 million shares, or 8.289%.

Glencore's annual meeting at the modest Theater- Casino in the Swiss town of Zug saw the commodity giant bat away calls for an independent inquiry into its deals in the Democratic Republic of Congo.

Commodities trader Glencore faced calls for greater transparency around its deals in Congo, one of its most promising but most controversial jurisdictions, as it prepares for its first shareholder meeting since listing.

SANTIAGO Chilean regional environmental authorities approved global diversified mining company Xstrata PLC's Cuervo hydroelectric project Tuesday.Cuervo, one of three projects Xstrata's local Energia Austral unit is developing, has an installed capacity of 640 megawatts and will be located in southern Chile near the city of Puerto Aysen.In addition ... (more)