Jeu 14 Avr 2011 22:37 de bingogo
Glencore International expects copper output''from the Mopani Copper Mine to rise by 23% by 2015, the company said in a report as it announced its intention to float on the London and Hong Kong stock exchanges. The company divulged detailed production figures for its assets for the first time ahead of an initial public offering. [24] Glencore International AG, which is preparing a dual initial public offering aimed at raising as much as $11 billion in London and Hong Kong, is being accused of evading taxes at a copper mining operation in Zambia, the Daily Mail reported, citing a complaint lodged with the Organization for Economic Cooperation and Development. A group of non-governmental organizations say Glencore manipulated accounts and financial statements at its Mopani Copper Mines unit, failing to explain a big jump in operating costs in 2007 while reporting '''stunningly low''' copper volumes compared to other mines in the area, the newspaper said. [25]
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Glencore boosts cobalt at Katanga, Mopani; claims 23% of market
April 14, 2011 - 15:36 GMT Location: London
Glencore plans to
boost cobalt metal production at Mopani Copper Mines and Katanga by almost 30% in 2012, figures released as part of the trading company’s IPO showed.
Glencore plans to boost cobalt metal production at Mopani Copper Mines and Katanga by almost 30% in 2012, figures released as part of Glencore's $12.1-billion IPO showed.