Glencore, Canadian teachers close to launch mining royalty firm
By analyst By Cecilia Jamasmie Swiss miner and commodities trader Glencore (LON:GLEN) is said to be about to close a $700 million deal with a Canadian pension fund to create a new base-metals royalty firm, the latest sign of the firm’s move from cost-cutting to pursuing growth. Glencore, which owns and operates nickel, zinc, copper […]
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