“The whole industry has been talking about how the majors consolidate for several years now,” said George Cheveley ... the major copper mine in Chile in which Glencore has a 44% stake.
When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few ...
Buying Glencore would give Rio a stake in the Collahuasi mine in Chile, one of the richest deposits, that the company has coveted for more than a decade.
Mining giants Rio Tinto (RIO) and Glencore (GLEN.L, GLNCY) discussed a potential merger last year, as reported by Bloomberg, marking what could be the biggest deal in mining history.
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said. The talks between Rio, the ...
The prime minister pointed to opportunities in other critical minerals – like rare earths – which could fill the economic gap the copper mine closure will leave in the region. “One of the ...
BOGOTA, Jan 18 (Reuters) - Zijin Mining (601899.SS), opens new tab has paused production at its Buritica gold mine in Colombia after assailants armed with homemade bombs damaged a key power source ...