Glencore Abandons Peruvian Mine Deal

Dec 1, 2011

Swiss commodities trading company Glencore has withdrawn a $475m offer for CST Mining Group’s interest in Peruvian copper project Mina Justa, following a failure to agree on an offtake deal, say people close to the transaction. The global trader agreed on July 18 to buy CST Resources, which holds a 70%...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches