Tag «CEO of Glencore»

Glencore: French President Hollande inaugurates Koniambo Nickel

Baar, Switzerland / Kone, New Caledonia 17 November, 2014 Glencore is pleased to announce that today French President, François Hollande officially inaugurated the Koniambo Nickel Project (Koniambo) in New Caledonia, a joint venture between Société Minière du Sud Pacifique (SMSP) and Glencore.   President Hollande was joined by Paul Néaoutyine, President of the North Province, Ivan Glasenberg, CEO …

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 …