Tag «Glencore Xstrata plc»

Glencore Xstrata plc – IMS & First Quarter 2014 Production Report

Following completion of the GlencoreXstrata merger on 2 May 2013, production information for all periods covered in this report has been presented on a combined basis. Key Highlights: – Own source copper production up 24% to 382,000 tonnes, driven by the expansions at Mutanda and Ernest Henry and improved production at Collahuasi and Antamina. – Own source zinc production was 306,000 tonnes, down 18% due to Perseverance and Brunswick reaching the end of their mine lives in June 2013. Excluding their impact, zinc production was broadly in line with the …

Glencore Xstrata plc – Sale of Las Bambas Copper Mine Project

Glencore Xstrata plc (“Glencore”) has signed an agreement for the sale of its entire interest in the Las Bambas copper mine project (“Las Bambas”) to a consortium owned 62.5% by MMG Limited, 22.5% by GUOXIN International Investment Corporation Limited and 15.0% by CITIC Metal Co., Limited (the “Consortium”). The consideration for the transaction is approximately …

Glencore Xstrata plc: Merger of Mutanda and Kansuki mining operations

25 July, 2013 Glencore Xstrata plc (“Glencore”) is pleased to announce that it has now completed the merger of Mutanda Mining Sarl (“Mutanda”) and Kansuki Sarl (“Kansuki”) (the “Merger”), as previously communicated. The Merger has been implemented by way of the absorption of Kansuki into Mutanda with the consideration for such absorption being the issue of new Mutanda shares. Following completion of the Merger, Glencore has a 54.5 …

New Appointments to the Board of Glencore Xstrata plc

Baar, Switzerland Glencore Xstrata plc 12 June, 2013 The Board of Glencore Xstrata plc (the “Company”) announces the appointment of three new Directors of the Company with immediate effect. Mr John J Mack and Mr Peter T Grauer have been appointed as Independent Non-Executive Directors and Mr Peter Coates has been appointed as an Executive …

Change of Glencore Xstrata plc Senior Management

Zug, 4 December 2012 Xstrata plc announces that Chief Financial Officer Trevor Reid has decided not to take up the position of Chief Financial Officer of Glencore Xstrata plc upon completion of the merger with Glencore International plc. Mr Reid has agreed to act as consultant to the Combined Group for a period of up …