Glencore purchases stakes in Mutanda and Katanga

2021-8-29  Glencore has today purchased from subsidiaries of Fleurette Properties Limited (“Fleurette”) the Fleurette group’s remaining 31% stake in Mutanda Mining Sarl (the

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Glencore increases stake in Mutanda mining

2014-1-15  Glencore bought the remaining 14.5 per cent interest in Mutanda Mining held by High Grade Minerals, taking its stake to 69 per cent. Mutanda is a high-grade

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DR Congo: Glencore to increase stake in Mutanda mine ...

2017-1-9  Mining giant Glencore, 6th largest mining company in the world according to PwC, announced last Friday it would increase its stake in the Mutanda copper and

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glencore increases stake in mutanda mining

Glencore buys out billionaire with $1bn Congolese mining deal. Feb 14, 2017 The assets include a 31% stake in Mutanda Mining, the world's biggest cobalt The

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Mutanda Mining Sarl - Glencore

2 天前  Glencore has received certain incoming press enquiries in relation to the potential acquisition of a further stake in Mutanda. Glencore is currently considering

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Glencore buys stakes in Mutanda Mining and Katanga

2017-2-14  Glencore has purchased the Fleurette group's remaining 31% stake in Mutanda Mining Sarl and an approximate 10.25% stake in Katanga Mining. The consideration

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Glencore purchases stakes in Mutanda and Katanga

2017-2-13  Glencore purchases stakes in Mutanda and Katanga Glencore has today purchased from subsidiaries of Fleurette Properties Limited (“Fleurette”) the Fleurette group’s

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Glencore buys stakes in Mutanda and Katanga ... -

2017-2-13  The company will also purchase Gertler’s minority stake in Katanga Mining Ltd. (TSX:KAT), for $38 million, increasing its ownership in the company which owns the

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Glencore Purchases Stakes in Mutanda and Katanga E MJ

2020-4-8  Glencore has purchased the Fleurette group’s remaining 31% stake in Mutanda Mining Sarl for $922 million and a 10.25% stake in Katanga Mining Ltd. for $38

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Glencore Xstrata increases stake in African copper mine ...

2013-12-19  Glencore exercised an option to buy a 14.5 per cent stake in Mutanda, a mine in the Democratic Republic of Congo, raising its indirect interest to 69 per cent. The stake

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glencore increases stake in mutanda mining

Glencore buys out billionaire with $1bn Congolese mining deal. Feb 14, 2017 The assets include a 31% stake in Mutanda Mining, the world's biggest cobalt The deal increases Glencore

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DR Congo: Glencore to increase stake in Mutanda mine ...

2017-1-9  Mining giant Glencore, 6th largest mining company in the world according to PwC, announced last Friday it would increase its stake in the Mutanda copper and cobalt mine in DR Congo. The company, which already holds 69% of the project, is currently looking at its options, and may well buy...

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Glencore buys stakes in Mutanda and Katanga for $960m

2017-2-14  Glencore has purchased the remaining 31% stake of Fleurette Group's Mutanda Mining Sarl and also gained a 10.25% interest in Katanga Mining for a total consideration of $960m. Both mines are located in the Democratic Republic of Congo. Glencore hired BMO Capital Markets to determine the appropriate consideration for the Mutanda

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Glencore pays $534m cash for Mutanda, higher stake in ...

2017-2-13  GLENCORE is to buy full control of Mutanda Mining, a copper producer in the Democratic Republic of Congo, and lift its stake in the country’s Katanga Mining for a net cash investment of $534m. The Swiss-headquartered mining and commodities marketing company said in an announcement that it would own 100% of Mutanda

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Glencore Xstrata increases stake in African copper mine ...

Glencore exercised an option to buy a 14.5 per cent stake in Mutanda, a mine in the Democratic Republic of Congo, raising its indirect interest to 69 per cent. The stake was held by High Grade ...

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Glencore buys stakes in Mutanda Mining and Katanga

2017-2-14  Glencore has purchased the Fleurette group's remaining 31% stake in Mutanda Mining Sarl and an approximate 10.25% stake in Katanga Mining. The consideration for the Mutanda shares and the Katanga shares has been determined

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Mutanda Mining Sarl - Glencore

2 天前  Mutanda Mining Sarl. Glencore plc Baar, Switzerland 5 January, 2017. Glencore has received certain incoming press enquiries in relation to the potential acquisition of a further stake in Mutanda. Glencore is currently considering its strategic options in connection with Mutanda and a further announcement will be made in due course, if appropriate.

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Glencore purchases stakes in Mutanda and Katanga

2017-2-13  Glencore purchases stakes in Mutanda and Katanga Glencore has today purchased from subsidiaries of Fleurette Properties Limited (“Fleurette”) the Fleurette group’s remaining 31% stake in Mutanda Mining Sarl (the “Mutanda Shares”) and an approximate 10.25% stake in Katanga Mining Limited (the “Katanga Shares”).

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Cobalt: Glencore considers bigger stake in Mutanda —

2017-1-11  Glencore holds a 69% stake in Mutanda Mining, having increased its stake from 50% in 2007 via a series of acquisitions. Fleurette owns the remaining 31%. The Mutanda mine is the biggest single cobalt producing mine in the world. It lies about 40km to the southeast of Kolwezi. Following the completion of expansions in Q1 2012, Mutanda Mining has ...

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Cobalt: Glencore to keep Mutanda on care and

2020-8-20  In a further update on the mine during its recent Q2 2020 results announcement, Glencore emphasised that the mine would remain shut and would only re-open once the cobalt market improved. Roskill View. Mutanda is a key copper-cobalt operation. In 2019, it produced 26.4kt of cobalt (approximately 60% of Glencore’s total supply).

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glencore increases stake in mutanda mining

Glencore buys out billionaire with $1bn Congolese mining deal. Feb 14, 2017 The assets include a 31% stake in Mutanda Mining, the world's biggest cobalt The deal increases Glencore

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DR Congo: Glencore to increase stake in Mutanda mine ...

2017-1-9  Mining giant Glencore, 6th largest mining company in the world according to PwC, announced last Friday it would increase its stake in the Mutanda copper and cobalt mine in DR Congo. The company, which already holds 69% of the project, is currently looking at its options, and may well buy...

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Cobalt: Glencore considers bigger stake in Mutanda —

2017-1-11  Glencore holds a 69% stake in Mutanda Mining, having increased its stake from 50% in 2007 via a series of acquisitions. Fleurette owns the remaining 31%. The Mutanda mine is the biggest single cobalt producing mine in the world. It lies about 40km to the southeast of Kolwezi. Following the completion of expansions in Q1 2012, Mutanda Mining has ...

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Glencore Xstrata increases stake in African copper mine ...

Glencore exercised an option to buy a 14.5 per cent stake in Mutanda, a mine in the Democratic Republic of Congo, raising its indirect interest to 69 per cent. The stake was held by High Grade ...

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Glencore buys stakes in Mutanda Mining and Katanga

2017-2-14  Glencore has purchased the Fleurette group's remaining 31% stake in Mutanda Mining Sarl and an approximate 10.25% stake in Katanga Mining. The consideration for the Mutanda shares and the Katanga shares has been determined

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Glencore buys stakes in Mutanda and Katanga for $960m

2017-2-14  Glencore has purchased the remaining 31% stake of Fleurette Group's Mutanda Mining Sarl and also gained a 10.25% interest in Katanga Mining for a total consideration of $960m. Both mines are located in the Democratic Republic of Congo. Glencore hired BMO Capital Markets to determine the appropriate consideration for the Mutanda

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Glencore acquires remaining 31% stake in Mutanda,

2017-2-14  Glencore has purchased the remaining 31% stake in Mutanda Mining, alongside an approximated 10.25% stake in Katanga Mining, both in the Democratic Republic of Congo (DRC), from subsidiaries of Fleurette Properties for a total cash consideration of $960 million.

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Glencore agrees $960 million copper and cobalt deal with ...

2017-2-13  Glencore has increased its hold on Democratic Republic of Congo's copper and cobalt resources by buying the remaining stake in the Mutanda mine from

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Glencore takes control of Mutanda with $480 million deal ...

2012-5-22  Commodities trader Glencore has taken majority control of its fast-growing Mutanda copper operation in Congo with deals worth $480 million, marking the first step in a planned merger of ...

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Cobalt: Glencore to keep Mutanda on care and

2020-8-20  In a further update on the mine during its recent Q2 2020 results announcement, Glencore emphasised that the mine would remain shut and would only re-open once the cobalt market improved. Roskill View. Mutanda is a key copper-cobalt operation. In 2019, it produced 26.4kt of cobalt (approximately 60% of Glencore’s total supply).

Get Price