Without delving much into the synergies that are likely to be realised from the complimentary businesses, such as coal and iron ore, my feeling is that it looks very unlikely that this proposed merger between Xstrata and Anglo American Corporation will be consummated...
Resource…Super…Profits… Mention these words in the same sentence and you are sure to get a positive response from most stakeholders in the mining industry. However, should you add the dreaded word...
After resigning from Xstrata in the wake of bitter merger negotiations with Glencore, Mick Davis is on the comeback trail with his new venture X2 Resources.