Katanga Mining is pleased to announce the successful completion of its previously announced amalgamation with 836074 Yukon Inc. The Amalgamation was approved by 99.9% of the votes cast by shareholders of the Company at the Company's special meeting of Shareholders held on June 2, 2020, and the Amalgamation was completed pursuant to Section 183 and [...]
BAAR, SWITZERLAND--(Marketwired - Aug 31, 2017) - Glencore plc ("Glencore") has today completed the sale of its 80% interest in the Rosh Pinah Mine in Namibia and its 90% interest in the Perkoa mine in Burkina Faso to Trevali Mining Corp. ("Trevali") (the "Transaction") pursuant to share purchase agreements dated March 13, 2017, as amended March [...]
Champion Iron is pleased to announce that it has secured a conditional financing commitment of US$25 million from Glencore International AG for the non-brokered sale of a subordinated unsecured mandatory convertible debenture on a private placement basis. This financing commitment is entered into in connection with the restart of operations at the [...]
Pacific American Coal announced today the appointment of Mr Mark Lochtenberg as Managing Director to push forward development of the Company's flagship hard coking coal project, Elko, in British Columbia, Canada. He will commence on February 1, 2017. Mr Lochtenberg has substantial global and Australian coal industry experience, including as former [...]
TORONTO, ON--(Marketwired - August 03, 2016) - On September 28, 2015, it was announced that an agreement had been reached to sell the Glencore Araguaia nickel project ("GAP") in north central Brazil to HZM. Pursuant to a conditional asset purchase agreement ("Asset Purchase Agreement") between, amongst others, Horizonte Minerals Plc ("HZM") and [...]
Caracal Energy announced today that Glencore has received Investment Canada Act approval in connection with the plan of arrangement to effect the acquisition of all the issued and outstanding common shares of Caracal by a wholly owned subsidiary of Glencore. Investment Canada Act approval was the final outstanding regulatory approval with respect [...]
Caracal Energy announced today the results of its special meeting of holders of common shares held today to consider and to vote on a plan of arrangement under the Canada Business Corporations Act pursuant to which 8682321 Canada Inc., a subsidiary of Glencore, will acquire all of the issued and outstanding common shares of Caracal for £5.50 per [...]
Caracal Energy announces that Glencore International a subsidiary of Glencore Xstrata plc has disclosed that it has today acquired, through a subsidiary 8682321 Canada Inc., 2,246,494 common shares of Caracal, representing 1.53% of Caracal's outstanding common shares. The acquisition brings Glencore's total beneficial ownership, directly or [...]
Caracal Energy announces that Glencore International AG a subsidiary of Glencore Xstrata has disclosed that on April 28, 2014 it acquired, through a subsidiary 8682321 Canada Inc., 4,153,506 common shares of Caracal Energy, representing 2.83% of Caracal's outstanding common shares. The acquisition brings Glencore's total beneficial ownership [...]
Glencore Xstrata and Caracal Energy, announced today that they have reached a definitive agreement for a wholly owned subsidiary of Glencore to acquire Caracal for an all cash consideration of £5.50 per common share by way of Plan of Arrangement. As a result of the Arrangement, Caracal is also announcing that it has terminated a prior agreement [...]
Glencore Xstrata and Caracal Energy, announced today that they have reached a definitive agreement for a wholly owned subsidiary of Glencore to acquire Caracal for an all cash consideration of £5.50 per common share by way of Plan of Arrangement. As a result of the Arrangement, Caracal is also announcing that it has terminated a prior agreement [...]
Researched by Industrial Info Resources (Sugar Land, Texas) -- In a press release discussing preliminary findings for 2013, executives at mining giant Glencore Xstrata stressed the optimistic outlook for many of the company's projects, while acknowledging that falling commodity prices had seriously affected performance during the year. Industrial [...]