Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.
Rio Tinto would have to build its own power plant and delay commercial production if the two nations cannot come to a deal during long-running power negotiations.
The Northern Miner called Garth Kirkham, chairman of the best practices committee at the Geological Society of Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), who was not sparing in his opinion of the 43-101 that Barkerville Gold released on Monday night.
The latest copper product destined for the world's hospitals, or the boardrooms of mining companies looking for something a little bit different on the corporate gift register this Christmas.
New doubts have emerged over world number one miner BHP Billiton's (LON/ASX/NYSE:BHP) $20 billion outer-harbour project at Port Hedland, Australia, with big names such as JPMorgan and Deutsche Bank saying they expect it to be axed.
The chairman of Chile's state-owned Codelco, Gerardo Jofre, said Tuesday that an eventual change of management in London-based Anglo American (LSE:AAL) shouldn’t affect the ongoing negotiations between the miners over the long-disputed assets in the south of the country.
Copper prices snapped a four-day losing streak on Tuesday following the release of EU growth data ahead of expectations and strong US retail sales data.
