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    market news

    Glencore Said to Be Favored in Talks With Exxaro Over Namibian Zinc Mine

    Investing News Network
    Nov. 25, 2011 12:37PM PST
    Base Metals Investing

    Bloomberg reported that Glencore (LSE:GLEN) appears to have the best bid on the Rosh Pinah Zinc mine in Namibia.

    Bloomberg reported that Glencore (LSE:GLEN) appears to have the best bid on the Rosh Pinah Zinc mine in Namibia.

    As quoted in the market news:

    The offer by Baar, Switzerland-based Glencore is favored over one from London-based Vedanta Resources Plc (VED), the person said, declining to be identified because the talks haven’t been made public.

    Click here to read the full Bloomberg report.

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