Ex-Xstrata CEO under pressure for new mining deals

2015-04-02 18:23

Former Xstrata boss Mick Davis is coming under pressure to build a new mining empire with the $6bn in capital he has raised, a year after launching a private fund.

Three Xstrata mines on strike

2013-05-31 10:35

Workers at three of Xstrata's chrome mines in Limpopo have embarked on an unprotected strike, the company says.

Glencore boss on acquisition trail

2013-05-02 09:03

After years of on-off talks, months of brinksmanship and bitter negotiations, Glencore's head Ivan Glasenberg gets to complete the $30bn acquisition of Xstrata.

Glencore-Xstrata merger awaits China nod

2013-04-02 10:08

Swiss mining giant Xstrata and commodities trader Glencore have pushed back further the date to finalise their merger as they wait for Chinese approval.

Water scarcity threatens mines' ratings

2013-02-14 16:57

The ratings of global mining companies could plunge as competition for limited water resources between mines and people intensifies, says a ratings agency.

Glencore-Xstrata merger decision soon

2013-01-21 11:19

The Competition Tribunal says it will issue its decision on the proposed takeover of global miner Xstrata by commodities trader Glencore on Tuesday.

Xstrata ups PNG mine cost estimate

2012-12-24 04:50

Xstrata has raised its capital spending estimate for the undeveloped Frieda River copper mine in Papua New Guinea to $5.6bn, as costs to develop new mines escalate.

Huge backing for $31bn Xstrata takeover

2012-11-20 11:42

Shareholders in commodity trader Glencore have voted overwhelmingly in favour of its long-awaited $31bn takeover of miner Xstrata.

Expert: Instability needs leadership

2012-11-15 14:16

The instability in the South African mining sector can only be resolved with sound, accountable leadership by all parties, a mining expert says.

Xstrata's bluff

2012-11-12 09:28

Why is Xstrata suddenly interested in platinum, asks Jarred Myers.


Former Xstrata boss's raises more for deals

2014-10-15 13:15

The former boss of mining company Xstrata, Mick Davis, has secured a further $1bn in funding from unnamed investors.

Glencore sticks to its own for top jobs

2013-05-03 07:16

Glencore has turned to its own internal talent for the team that will run trader and miner Glencore Xstrata after the sector's biggest takeover to date.

Glencore-Xstrata merger passes last hurdle

2013-04-16 14:19

Glencore and Xstrata have cleared the final hurdle in their long-running merger plan, when China's Ministry of Commerce conditionally backed the $35bn deal.

Glencore profit down as impairments bite

2013-03-05 09:35

Commodities trader Glencore, just a month away from completing its takeover of mining rival Xstrata, has met expectations with a 25% drop in net income.

Green light for Xstrata, Glencore merger

2013-01-22 10:20

The Competition Tribunal has given the green light to the proposed takeover of global miner Xstrata by commodities trader Glencore.

Eskom won't object to Xstrata takeover

2013-01-18 12:08

Power utility Eskom says it has withdrawn its objections to the takeover of miner Xstrata by commodities trader Glencore.

Xstrata, Glencore hearing postponed

2012-12-10 17:54

A hearing by the competition tribunal on Glencore's $33bn takeover of Xstrata has been postponed until next month, the court says.

Xstrata urges Lonmin shake-up

2012-11-16 07:55

Swiss commodities giant Xstrata has called for management changes at Lonmin, citing serious financial problems at the platinum mining group.

Lonmin warns future at stake

2012-11-13 15:32

Lonmin urged its shareholders to support an $817m cash call, warning that without the balance sheet boost it would be vulnerable.

Lonmin snubs Xstrata takeover proposal

2012-11-09 11:37

Lonmin has rejected a proposal from its largest shareholder Xstrata to take control of the miner by folding its PGM and alloys division into the platinum miner.

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