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Glencore offered 2.8 new shares for each Xstrata share in agreed all-share "merger of equal". It is the biggest mining takeover ever, and after approval would create an entity with 2012 sales of US$209 billion. [ 48 ]
Glencore plc (100%) The Mutanda Mine ( French: Mine de Mutanda) is an open-pit copper and cobalt mine in the Lualaba Province of the Democratic Republic of the Congo (DRC). It is the largest cobalt mine in the world. Accidents and spills at the mine have killed workers and polluted nearby rivers and fields. An NGO that has documented impacts of ...
Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was an international commodities trader, financier, and businessman.He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis.
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Glencore will return $2.8 billion to shareholders in 2021 after soaring commodity prices helped the mining and trading company to a record performance for the first six months of the year, it said ...
Glencore (OTC:GLCNF) has decided not to spin off its coal business. Following an acquisition of Teck's (NYSE:TECK) coal assets, most shareholders preferred maintaining the lucrative unit. Glencore ...
Commodities. Known for. Former CEO of Glencore. Children. 2. Ivan Glasenberg (born 7 January 1957) is a South African business executive and former chief executive officer of Glencore, one of the world's largest commodity trading and mining companies. [1] He was the company's CEO from 2002 to 2021. Glasenberg has or had citizenship of South ...
Dan Gertler (born 23 December 1973) is an Israeli billionaire businessman in natural resources and the founder and president of the DGI (Dan Gertler International) group of companies. Until 2022, He had diamond and copper mining interests [ 2] in the Democratic Republic of the Congo (DRC), and has invested in iron ore, gold, cobalt, oil ...