https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Shares in Switzerland-based global mining and commodities giant Glencore Xstrata traded for the first time on the Johannesburg Stock Exchange on Wednesday. https://www.thelocal.ch/20131113/glencore-xstrata-trades-on-south-african-exchange Wed, 13 Nov 2013 19:03:00 +0100 glencore-xstrata-trades-on-south-african-exchange Resources giant Rio Tinto announced on Monday the US$1.02 billion sale of its stake in Australia's Clermont thermal coal mine to Swiss and Japanese interests as it seeks to shore up its ailing bottom line. https://www.thelocal.ch/20131028/xstrata-glencore-buys-into-aussie-coal-mine Mon, 28 Oct 2013 13:04:00 +0100 xstrata-glencore-buys-into-aussie-coal-mine Swiss mining giant Glencore Xstrata has put its proposed US$7-billion Wandoan open-pit coal project in Australia on hold as oversupply drags on prices. https://www.thelocal.ch/20130911/glencore-xstrata-puts-aussie-coal-project-on-ice Wed, 11 Sep 2013 12:37:00 +0200 glencore-xstrata-puts-aussie-coal-project-on-ice Recently merged Swiss mining giant Glencore Xstrata says that its fusion will create "synergies" allowing it to save at least $2 billion next year. https://www.thelocal.ch/20130910/glencore-xtrata-boss-talks-up-merger-savings Tue, 10 Sep 2013 13:19:00 +0200 glencore-xtrata-boss-talks-up-merger-savings Swiss-based Glencore Xstrata has dismissed 1,000 workers who staged wildcat strikes at its South African chrome operations last week, the firm said on Monday, amid continuing tensions between rival unions in the key mining sector. https://www.thelocal.ch/20130603/glencore-xtrata-fires-1000-south-african-workers Mon, 03 Jun 2013 15:34:00 +0200 glencore-xtrata-fires-1000-south-african-workers Swiss-based mining giant Glencore Xstrata raised its copper production by 18 percent in the first three months of 2012 from output in the same period a year ago, the company said on Monday. https://www.thelocal.ch/20130513/glencore-xstrata-reports-sharply-higher-copper-output Mon, 13 May 2013 22:00:00 +0200 glencore-xstrata-reports-sharply-higher-copper-output The long-awaited merger between commodities trader Glencore and mining giant Xstrata, both based in Switzerland, was completed on Thursday and the new company said it will be listed on stock exchanges in London and Hong Kong. https://www.thelocal.ch/20130502/glencore-xstrata-officially-launches-after-swiss-merger Thu, 02 May 2013 19:10:00 +0200 glencore-xstrata-officially-launches-after-swiss-merger A long-awaited merger between Swiss commodities trader Glencore with mining giant Xstrata has won a green light from China's regulator, clearing a key final hurdle, Glencore announced on Tuesday. https://www.thelocal.ch/20130416/final-hurdle-cleared-for-xstrata-glencore-merger Tue, 16 Apr 2013 15:49:00 +0200 final-hurdle-cleared-for-xstrata-glencore-merger Swiss mining giant Xstrata and commodities trader Glencore are pushing back further the date to finalise their merger as they wait for approval from Chinese authorities. https://www.thelocal.ch/20130402/xstrata-and-glencore-delay-merger-again Tue, 02 Apr 2013 12:19:00 +0200 xstrata-and-glencore-delay-merger-again Metals and mining giant Glencore is considering listing itself on the South African stock exchange, the world's top minerals bourse, a source familiar with the issue told AFP. https://www.thelocal.ch/20130209/glencore-considers-south-african-exchange-listing Sat, 09 Feb 2013 19:45:00 +0100 glencore-considers-south-african-exchange-listing Swiss mining giant Xstrata said on Monday it would cost $300 million more than previously expected to develop the Frieda River copper and gold mine in Papua New Guinea. https://www.thelocal.ch/20121224/xstrata-hikes-cost-estimate-for-copper-mine Tue, 25 Dec 2012 00:19:22 +0100 xstrata-hikes-cost-estimate-for-copper-mine Swiss mining giant Xstrata is delaying the commercial production of its $5.9-billion gold and copper mine in the Philippines to 2019 due to problems with security and the government, the company says. https://www.thelocal.ch/20121212/philippine-protests-delay-xstrata-mine-project Wed, 12 Dec 2012 19:23:00 +0100 philippine-protests-delay-xstrata-mine-project The Swiss commodities giant Glencore says Chinese authorities have approved its purchase of the Canadian agri-business group Viterra and that it had thus cleared the last regulatory hurdle to the $6.1-billion deal. https://www.thelocal.ch/20121209/glencore-wins-approval-to-buy-canadas-viterra Sun, 09 Dec 2012 14:15:00 +0100 glencore-wins-approval-to-buy-canadas-viterra The European Commission on Thursday gave a conditional green light to the massive tie-up between Swiss mining giant Xstrata and commodities trader Glencore that would create a global leader. https://www.thelocal.ch/20121122/ec-attaches-conditions-to-swiss-mega-merger Thu, 22 Nov 2012 14:57:00 +0100 ec-attaches-conditions-to-swiss-mega-merger Shareholders of the Swiss commodities giant Glencore and Swiss mining group Xstrata on Tuesday overwhelmingly approved a merger of the two companies to create a goliath capable of out-muscling nearly everyone in their field. https://www.thelocal.ch/20121120/glencore-xstrata-merger-wins-strong-backing Tue, 20 Nov 2012 20:02:00 +0100 glencore-xstrata-merger-wins-strong-backing Shareholders of Swiss commodities giant Glencore overwhelmingly approved a tie-up with Swiss mining giant Xstrata, during an extraordinary general assembly meeting on Tuesday. https://www.thelocal.ch/20121120/glencore-shareholders-back-xstrata-merger Tue, 20 Nov 2012 11:45:00 +0100 glencore-shareholders-back-xstrata-merger Shareholders in commodities giant Glencore and mining group Xstrata are to vote Tuesday on a proposed $33-billion mega merger at two extraordinary general meetings near Zurich. https://www.thelocal.ch/20121119/glencore-and-xstrata-owners-vote-on-mega-merger Mon, 19 Nov 2012 21:33:00 +0100 glencore-and-xstrata-owners-vote-on-mega-merger Qatar's sovereign wealth fund said on Thursday that it will vote in favour of commodities giant Glencore's bid to merge with Swiss mining group Xstrata, giving a major boost to the deal. https://www.thelocal.ch/20121115/qatar-fund-backs-swiss-mega-mining-merger Thu, 15 Nov 2012 20:50:05 +0100 qatar-fund-backs-swiss-mega-mining-merger Swiss commodities giant Xstrata called Thursday for a management shake-up at Lonmin, in which it is a major shareholder, citing serious financial problems at the platinum mining group. https://www.thelocal.ch/20121115/xstrata-seeks-shake-up-at-troubled-lonmin Thu, 15 Nov 2012 20:14:00 +0100 xstrata-seeks-shake-up-at-troubled-lonmin Swiss commodities giant Glencore says its performance in the third quarter was good, but cautioned that there is no sign that global conditions for its business would improve soon. https://www.thelocal.ch/20121101/glencore-warns-of-gloomy-global-outlook Thu, 01 Nov 2012 12:37:00 +0100 glencore-warns-of-gloomy-global-outlook