Monday Apr 14
Glencore Xstrata Agrees to Buy Caracal Energy
Glencore Xstrata Plc , the world's fourth-biggest mining company, agreed to buy Caracal Energy Inc. for about $1.35 billion to take control of oil and gas assets in the Republic of Chad.
Trending on the Topix Network
Monday Apr 14
Broker tips: Glencore Xstrata, Tesco, ARM Holdings...
Investec has kept a 'reduce' rating on Glencore Xstrata but said that the 5.85bn-dollar sale price of its Las Bambas copper project in Peru was ahead of its 5.5bn-dollar forecast.
Monday Apr 14
European Stocks Decline for Third Day on Ukraine Violence
European stocks fell for a third day, after completing their worst week in a month, as investors weighed increasing violence in Ukraine .
Monday Apr 14
Europe Factors to Watch-Stocks set to drop again; Ukraine eyed
MARKET SNAPSHOT AT 0624 GMT: LAST PCT CHG NET CHG S&P 500 1,815.69 -0.95 % -17.39 NIKKEI 13,910.16 -0.36 % -49.89 MSCI ASIA EX-JP 480.2 -0.55 -2.67 EUR/USD 1.3841 -0.31 % -0.0043 USD/JPY 101.54 -0.05 % -0.0500 10-YR US TSY YLD 2.612 -- -0.01 10-YR BUND YLD 1.500 -- -0.01 SPOT GOLD $1,326.96 0.68 % $8.99 US CRUDE $104.11 0.36 % 0.37 > GLOBAL ... (more)
Sun Apr 13, 2014
UPDATE 1--Glencore Xstrata sells Las Bambas copper mine for $5.85 bln
Glencore Xstrata Plc has sold its entire interest in the Las Bambas copper mine in Peru for about $5.85 billion in cash, the commodities trader said on Sunday.
URGENT-Glencore Xstrata sells Las Bambas copper mine for $5.85 bln
Commodities trader Glencore Xstrata Plc has sold its entire interest in the Las Bambas copper mine in Peru for about $5.85 billion in cash.
Thu Apr 10, 2014
BHP polishes up nickel unit as demerger talk swirls
Breakthroughs in the way BHP Billiton processes nickel ores could help the world's biggest miner find a buyer for its ailing Nickel West division in Australia.
Sat Apr 05, 2014
Chile court OKs Rio Cuervo dam, environmentalists to appeal
A Chilean appeals court has given the green light to a $733 million hydroelectric dam planned in Patagonia, drawing a vow from environmental campaigners to further appeal against the decision.
Fri Apr 04, 2014
Wall Street Journal
Glencore Xstrata Has Shortlist of 3 for Chairman
Former BP PLC chief executive Tony Hayward is currently among a shortlist of three to become full-time chairman at commodities titan Glencore Xstrata PLC, according to people familiar with the situation.
Mon Mar 31, 2014
The Washington Post
Indonesia Coal Output May Rise Even as Prices Decline, ICMA Says
Coal production in Indonesia, the world's largest exporter of the power-station fuel, may exceed the government's 2014 limit even as a worldwide glut drives down prices to the lowest level in more than four years.
The Chronicle Herald
TAYLOR: Glencore Xstrata blocking progress at Donkin coal mine
In hindsight it may have been a mistake for the Nova Scotia government to allow mining giant Xstrata plc to win control of the mothballed Donkin coal mine.
The Globe and Mail
Mick Davis is cash heavy and hunting for mining deals - maybe in Canada
The new company set up by Mick Davis and other former Xstrata executives, X2 Resources, has raised $2.5-billion in funds and is set to buy mining assets in the belief that the commodities cycle is set for a revival.
Sat Mar 29, 2014
More uncertainties imperil SMI operation
Australian exploration company Indophil Resources NL said low metal prices and market uncertainty have taken their toll on the planned commercial operation of the Tampakan Gold and Copper project.
Thu Mar 27, 2014
Broker tips: Miners, Babcock, Compass...
Jefferies has lowered its earnings forecasts and target prices across the UK-listed mining sector and cut its rating for Glencore Xstrata, recommending investors to stick with top picks Rio Tinto and BHP Billiton.
Glencore to shut Australian coal mine
Glencore Xstrata PLC will shutter one of its Australian coal mines this year, the latest in a string of closures and cutbacks in the country's once thriving coal industry as a global commodities boom cools.