Argentina Mining's Blog I Latest news on Mining in Argentina

Este blog fue creado para publicar novedades sobre la mineria en Argentina, complementando así nuestro web y presencia en redes sociales. Como todas nuestras actividades, apunta a conectar a la comunidad minera argentina y establecer un ámbito de promoción de la actividad en el mundo, generando oportunidades de negocios.
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This blog was created to publish news on argentinean mining, thus complementing our website and presence in social networks. As all of our activities, it intends to connect the mining community in Argentina and provide a place to promote the activity in the world, developing business opportunities.

22 jun 2009

FACTBOX: Combined metals assets of Xstrata and Anglo

(Reuters) - Swiss-based miner Xstrata Plc is seeking a merger of equals with rival Anglo American Plc, which would push the group to the top of the world's rankings in copper mining.
A merged company, worth about $68 billion, would also be the world's No.1 zinc miner and move one place up the ladder in nickel mining.
COPPER
The proposed combination would create the world's number one copper mine producer, with output of 1.579 million tonnes on a 2008 basis, according to industry consultants CRU Group.
Chilean state-owned company Codelco is currently the world's largest copper miner.

Continue reading at: http://www.reuters.com/article/euDealsNews/idUSTRE55L27920090622

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