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Glencore set to sell its interest in a copper mine project

Glencore made an announcement in 14 April relating to the sale of its entire interest in the Las Bambas copper mine project. The sale is to a consortium owned 62.5% by MMG, 22.5% by GUOXIN International Investment Corporation and 15.0% by CITIC Metal. Glencore has said that all of the conditions to completion of the transaction have been satisfied and the parties are working towards closing early next month. At 12:35pm: (LON:GLEN) Glencore ...

Satisfaction of Conditions re Sale of Las Bambas

RNS Number : 9865M Glencore PLC 22 July 2014 Baar, Switzerland Satisfaction of Conditions in relation to the Sale of Las Bambas Copper Mine Project 22 July, 2014 We refer to Glencore plcs (Glencore) announcement on 14 April 2014 relating to the sale of its entire interest in the Las Bambas copper mine project to a consortium owned 62.5% by MMG Limited, 22.5% by GUOXIN International Investment Corporation Limited and 15.0% by CITIC Metal ...

The Future Is Revolting! Barclays PLC, Experian plc And Glencore Plc Shareholders Forge An Era Of Predomination

Increasing numbers of CEOs are feeling the wrath of shareholders as investors realise that they can influence executive salaries, their policies or their tenures. Previously, the shareholders choice of contention was a vote through the market by offloading holdings. Despite some corporate governance reform guidance throughout the last decade, it took the governments recent regulation to bring the biggest change since the original legislation ...

Notification of Major Interest in Shares

RNS Number : 8915M Glencore PLC 22 July 2014 22 July 2014 For filings with the FCA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii GLENCORE PLC 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights No An ...

Making sense of the mining malaise

Times are undoubtedly tough for miners large and small, but investors ignore the sector at their peril.

Fund profile: BlackRock World Mining Trust

Strong management, innovation and increasing income has made BlackRock World Mining Trust a consistent outperformer over the past decade.