Glencore shelves plan to sell Chilean copper mine: Reuters

Swiss commodity trader and miner Glencore has shelved plans to sell a copper mine in Chile that was expected to fetch about US$500 million, sources told Reuters. Interest in the mine came from Magris Resources, a Canadian private equity firm run by former Barrick Gold Corp CEO Aaron Regent, as well as other PE firms and mining companies, the sources said.

12 August 2016•3 mins read
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