Financial Matters, M&A






Construction at the Mangara oil fields in Chad. Credit: Caracal Energy

Glencore Xstrata to buy Caracal Energy

Just a day after the ink dried on Glencore Xstrata’s (LSE: GLEN) all-cash agreement to sell its Las Bambas copper project  in Peru to a Chinese consortium for nearly US$6 billion, the Swiss-based commodities giant announced a US$1.35…



Holcim-Lafarge merger stirs cement market

While mega-mergers have faded from view in the mining industry, the global cement industry showed in early April that it’s still capable of serving up a doozy: a friendly, all-share merger of Switzerland’s Holcim and Paris-based…






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