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Glencore International Acquires Stake in Rosh Pinah Zinc
Jun. 12, 2012 05:30PM PST
Base Metals Investing Fox Business reported that Glencore International PLC (LSE:GLEN) has bought a majority stake in Rosh Pinah Zinc Corp. Ltd.
Fox Business reported that Glencore International PLC (LSE:GLEN) has bought a majority stake in Rosh Pinah Zinc Corp. Ltd.
As quoted in the market news:
The deal, for an undisclosed sum, gives Glencore a 80.08% interest in Rosh Pinah, which operates an underground zinc and lead mine in south-western Namibia. Last year, the mine produced 89,000 metric tons of zinc concentrate and 16,000 tons of lead concentrate.
Click here to read the full Fox Business report.