A consortium of state-owned Chinese companies led by China Minmetals Corp., one of the country’s biggest metals miners, announced Monday a deal to buy a giant copper mine in Peru from Glencore Xstrata ...More
EJ Insight2014-04-15
MMG Ltd. (01208.HK), together with Guoxin International Investment Co. Ltd.'s unit and CITIC Metal Co. Ltd., has proposed to acquire Glencore Xstrata's Las Bambas copper project in Peru for US$5.85 bi ...More
EJ Insight2014-04-14
Mining firm GlencoreXstrata PLC said on Sunday that it agreed to sell its Las Bambas Peruvian copper project to a Chinese consortium in an all-cash deal worth at least US$5.8 billion, the Wall Street ...More
EJ Insight2014-04-14
Alibaba Group has chosen New York over Hong Kong for a share flotation as the latter decided to stick to its stance of "one share, one vote" principle. The stand taken by Hong Kong over the issues rel ...More
EJ Insight2014-03-31
Glencore Xstrata PLC is close to reaching an agreement on the sale of its Las Bambas copper project in Peru to a consortium led by China Minmetals Corp, the Wall Street Journal reported Monday, citing ...More
EJ Insight2014-03-18
Glencore Xstrata PLC's chief executive said talks are continuing with a consortium led by China Minmetals Corp. for sale of Glencore's Peruvian Las Bambas copper project, the Wall Street Journal repor ...More
EJ Insight2014-03-05
A Chinese consortium is the frontrunner to buy Glencore Xstrata Plc's Las Bambas copper mine in Peru for at least US$5 billion, the Wall Street Journal reported Wednesday, citing people familiar with ...More
EJ Insight2014-01-16
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, Jan. 15: TOP STORIES Robust market sentiment set to boost newly ...More
EJ Insight2014-01-15
A consortium led by Aluminum Corp. of China Ltd. (Chinalco) has abandoned its bid for Glencore Xstrata Plc’s Las Bambas copper project in Peru, Bloomberg reported on Monday, citing a person with direc ...More
EJ Insight2013-11-25
Glencore Xstrata Plc's effort to meet a Chinese regulatory requirement that it sell a Peruvian copper project has advanced, with two of the four Chinese companies that made initial offers for the mine ...More
EJ Insight2013-10-11
China Minmetals Corp. has submitted a first-round bid for Glencore-Xstrata's US$5.9 billion Las Bambas copper mine in Peru, Reuters reported Thursday, citing Gu Liangmin, managing director of the Chin ...More
EJ Insight2013-10-04
