LONDON, Oct 15 (Reuters) - The former boss of mining company Xstrata , Mick Davis , has secured a further $1 billion in funding from unnamed investors, taking the amount he has available to build a new mining powerhouse to up to $4.8 billion.
Former Xstrata chief Mick Davis , now running natural resources focused P-E firm X2 Resources, approached BHP Billiton (NYSE: BHP ) earlier this year with
260. We continue to view Glencore 's shares as overvalued ..... Despite weaker prices for Glencore 's top commodities, coal ..... once a weak part of the Xstrata portfolio, should become a key contributor for Glencore going forward.
On April 13, Glencore announced that it had reached ..... deal fulfills a commitment Glencore had made to China's Ministry ..... approval of the merger with Xstrata . The price tag is nearly ..... 5 billion we assumed Glencore would obtain for the purposes
including BHP Billiton, Xstrata and Rio Tinto. While Caterpillar ..... Caterpillar dealerships; other mining equipment dealerships; and used mining equipment sales. WesTrac ..... north-eastern China. The Chinese mining equipment distribution market
* Minmetals is preferred bidder for Las Bambas copper mine
Marketer-cum-miner Glencore posted essentially flat ..... include full results from Xstrata , which Glencore acquired in May 2013 ..... following the release of Glencore 's production figures ..... benefits of flowing Xstrata 's production through
Glencore Xstrata released solid production figures for the ..... world's largest exporter of thermal coal, Glencore is adding to the position via acquisition. In a 50/50 partnership with Sumitomo, Glencore announced a $1 billion deal to buy Rio
SANTIAGO (Reuters) - A Chilean appeals court has preventively blocked a recently approved $733 million hydroelectric dam to weigh an environmental appeal, a surprise setback for owners Origin Energy and Glencore Xstrata PLC .
(Corrects former finance director's surname in paragraph 7)