Mineweb reported Xstrata (LSE:XTA) sought to win over waverers to the merits of its $39 billion takeover by commodities trader Glencore, (LSE:GLEN) asking opposing investors to back the "fair and reasonable" plan.
Bloomberg reported Eurofer is considering filing an anittrust complaint with the EU regarding Glencore (LSE:GLEN) upcoming takeover of Xstrata (LSE:XTA).
The Financial Post reported the pending Glencore (LSE:GLEN) and Xstrata (LSE:XTA) isn't a huge change some investors claim, rather it's the next logical step for the long-time partners.
Globe and Mail reported Glencore's (LSE:GLEN) offer for Xstrata (LSE:XTA) is gaining backlash as the boards battle it out for who will own a bigger share in some of Canada's nickel mines.
Globe and Mail reported Xstrata (LSE:XTA) and Glencore (LSE:GLEN) are discussing the possibility of a merger giving Xstrata control of a nickel mine in Canada.
Reuters Africa reported the development timetable for the Koniambo nickel project in New Caledonia was unaffected by a weekend fire.
AFP.com reports that XStrata (LON:XTA) is set to launch its' nickel project in 2012 in New Caledonia.
By Kishori Krishnan Exclusive To Nickel Investing News The smiles are back. Despite persistent worries over Greece’s debt woes, European shares bounced back on Monday and miners tracked firmer metals. Though we could be a long way off from a solution to the underlying cause of the current tension, and there remains a significant risk [...]
By Kishori Krishnan Exclusive To Nickel Investing News This is one overture that has not gone down well. Suitor Jilin Jien Nickel Industry Co Ltd made fresh advances to Canadian Royalties Inc, developer of the $600 million Nunavik nickel-copper-platinum mine in Northern Quebec, by extending its $192 million bid. The sweetened offer, extended from October [...]
Australian Associated Press declared that Xstrata has surged nickel production at its Australian operations by 185% YoY during the first half of calendar 2009 as compared to the same period a year earlier. For full story, click here
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