Glencore Hurries to Rescue $26 Billion Deal

June 27, 2012 by prospectingjournal · Leave a Comment

Commentary – ProspectingJournal.com – Commodities trader and mining company, Glencore International (LSE: GLEN) is now considering changes to its $26 billion takeover proposal for Xstrata (LSE: XTA) after shareholder revolt has put the deal in jeopardy. The deal, originally announced in February, has had its opponents from the beginning with some analysts and fund managers [...]

Tagged: Angela Bouzanis, Glencore, Qatar Holdings, xstrata

The Race for Renewable Energy: Chile takes center Stage

March 25, 2012 by prospectingjournal · Leave a Comment

COMMENTARY-ProspectingJournal.com-Throughout the past decade North America has fast expanded its rhetoric on renewable energies, lending much promise to the notion that it remains poised to become a clean tech hub in the near future. But if actions speak louder than words, our green tech allies in South America are quickly transforming the opinion that the [...]

Tagged: Atacama, Chile, clean energy, codelco, Jason Staeck, renewable energy, solar, solar energy, xstrata

Chinese Drawn to New Iron Ore Frontier in West Africa

June 20, 2011 by prospectingjournal · Leave a Comment

ANALYSIS – ProspectingJournal.com – Last week, Andrew Forrest – the billionaire CEO of Fortescue Metals [FMG - ASX] threatened to sue the Australian Government after they slapped a 30% tax on the profits of local iron ore companies. BHP Billiton [BHP - NYSE], Rio Tinto [RIO - NYSE] and Xstrata [XTA - L] also fought [...]