Friday 31 July 2015
 
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Glencore

Glencore in key oil business talks with Iran

Global mining and commodity trading firm Glencore has been holding talks with Iran's officials about possible business deals should economic sanctions be lifted, a company spokesman said. Iran is negotiating with the US and fi

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London Mining in iron ore dispute with Glencore

London Mining said it would consider ending an iron ore supply contract with Glencore Plc after a dispute over payment, sending shares of the company to an all-time low. Shares of AIM-listed London Mining fell nearly 13 percent to

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Vale, Glencore end talks over Canada nickel deal

Vale and Glencore have broken off talks over combining their nickel assets in Canada in a deal that could have produced over $1 billion in annual cost savings, sources close to the matter said. The discussions over linking the two

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Vale, Glencore end talks over Canada nickel deal

Vale and Glencore have broken off talks over combining their nickel assets in Canada in a deal that could have produced over $1 billion in annual cost savings, sources close to the matter said. The discussions over linking the two

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China buys Glencore copper mine for $6 billion

A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6 billion, the high end of analysts' forecasts in China's biggest acquisition of a mine, showing the strength of its long-term need for copper.

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Glencore squeezes $2 billion out of Xstrata deal

Glencore will cut costs, shelve projects and squeeze more than expected from its record-breaking purchase of mining group Xstrata, lifting benefits from the deal to at least $2 billion in 2014. In an update on the $46 billion tie-

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Glencore leads foreign investment in UK firms

Foreign investment in British companies hit a six-year high of 23.4 billion pounds ($36.4 billion) in the second quarter as the economy started to grow, though the bulk came from one deal - Glencore's takeover of Xstrata, data showed.

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China’s Jiangxi eyes Glencore copper mine

Jiangxi Copper has joined a list of potential Chinese suitors interested in buying Glencore Xstrata $5 billion-plus Las Bambas copper mine in Peru, a report said. Glencore's sale of the mine comes at an opportune time for Chin

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Glencore bartered with Iranian firm

  Commodities giant Glencore supplied thousands of tons of alumina to an Iranian firm that has provided aluminum to Iran's nuclear program, intelligence and diplomatic sources told Reuters.   Th

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Glencore eyes finish line in marathon Xstrata deal

Shareholders in commodities trader Glencore have overwhelmingly approved its long-awaited $31 billion takeover of miner Xstrata, paving the way for one of the largest tie-ups in the sector to date. After nine months of tense negot

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