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Glencore, Xstrata agree $90bn merger

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Glencore and Xstrata have agreed an all-share merger worth $90bn in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.

Glencore, Xstrata hammering out final deal

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Top executives at trader Glencore and miner Xstrata are hammering out the final details of an $80bn takeover, which could be announced as early as Tuesday.

ANC mines report: the proposals

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A highly anticipated ANC report on the state's involvement in mining contains proposals to fundamentally alter the face of South Africa's industry.

Anglo’s Carroll recovers after operation

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Anglo American CEO Cynthia Carroll is recovering well from an operation following a hip injury she suffered during a horse-riding accident last weekend, reports Bloomberg.

Anglo rallies on takeover, SA policy talks

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Anglo American may be in the sights of a combined Xstrata/Glencore entity, analysts say, although some caution it is too early to predict such a move.

Glencore said to be near deal with Xstrata

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Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at $82.46bn, reports Bloomberg.

ANC mines study rejects assets grab

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A study commissioned by the ANC has rejected calls for mine nationalisation and come out in favour of higher taxes and royalties, reports Business Day.

Shabangu: Constitution informs nationalisation debate

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Susan Shabangu, mines minister, confirmed a date with the ANC's National Executive Committee today which is said to inspect a report rejecting nationalization of the mines industry.

Glencore given March deadline for Xstrata bid

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UPDATED: Glencore International has until March 1 to make a move for global miner Xstrata in a deal that may create a merged major valued around £50bn.

Shabangu: Constitution guides mines debate

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Susan Shabangu, Mineral Resources Minister, confirmed a date with the ANC's National Executive Committee today which is said to discuss a report rejecting nationalisation of the mines industry.