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Glencore seeks to SA stem political fallout saying President Ramaphosa not involved

Glencore seeks to SA stem political fallout saying President Ramaphosa not involved
miningmx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningmx.com Daily Mail and Mail on Sunday newspapers.

Glencore-Merafe Joint Venture builds New Platinum Group Metal production Plant in Kroondal Mine_SMM

Glencore-Merafe Joint Venture builds New Platinum Group Metal production Plant in Kroondal Mine_SMM
metal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metal.com Daily Mail and Mail on Sunday newspapers.

Glencore seals the deal on Mopnai sale

Glencore seals the deal on Mopnai sale Glencore’s subsidiary Carlisa Investments has signed an agreement to conclude the sale of Mopani Copper Mines in Zambia to ZCCM Investments Holdings for US$1.5 billion. Carlisa Investments, in which Glencore holds 81.2% of the shares, has signed an agreement with ZCCM to transfer its 90% interest in Mopani to ZCCM. The sale is expected to be completed within the next three months, once ZCCM shareholders and the board of directors approve and after certain regulatory approvals in Zambia are received.   On completion, US$1.5 billion of debt will remain owed by Mopani to Glencore group creditors on the following terms:

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