Tag «minerals»

Glencore signs USD 17,340 million Revolving Credit Facilities

 Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous revolving credit facilities of both Glencore and Xstrata plc. The Facilities were initially launched at USD 12 billion and closed …

Stillwater Mining Company Announces Offering of Convertible Senior Notes

BILLINGS, MT–(Marketwire – October 11, 2012) – STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) (the “Company”) announced today that it intends to offer $300 million aggregate principal amount of convertible senior notes due 2032 (the “notes”), subject to market and other conditions. The Company expects to grant the underwriters of the notes a 30-day over-allotment …

Rio Tinto Investor Seminar

Rio Tinto is holding an investor seminar in London and New York today that includes an in-depth look at its Copper product group and its Technology & Innovation group. Highlights from the presentations: • Rio Tinto’s strategy of maximising shareholder value by investing in and operating large, long-term, cost-competitive mines and assets is unchanged. • …