The negotiations come amid an increase in deal-making across the mining industry as demand for copper and other metals soars.
A significant chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels.
Glencore shares rose almost 9% on Friday following news it is in talks with Rio Tinto , about a potential takeover that would ...
Rio Tinto would want to keep Glencore's trading division and make it an even more powerful platform to sell commodities if ...
By: Shirley Webber - Managing Principle and Coverage Head for Resources and Energy at Absa CIB, and Stephen Seaka, Managing ...