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Glencore Xstrata sells Las Bambas Copper Mine Project


Monday, 14 Apr 2014 02:00am EDT 

Glencore Xstrata PLC:Signs agreement for the sale of entire interest in Las Bambas copper mine project.To consortium owned 62.5 pct by MMG Limited, 22.5 pct by GUOXIN International Investment Corporation Limited and 15.0 pct by CITIC Metal Co., Limited.Consideration for transaction is about $5.85 billion, payable in cash on closing. 

Company Quote

344.25
2.35 +0.69%
23 Sep 2014