KONTAN.CO.ID - BUENOS AIRES. Glencore is in advanced talks to buy out its partner in Argentina's Mara copper project as it seeks higher exposure to the metal, Bloomberg News reported on Friday. The company is close to finalizing a deal to acquire Pan American Silver Corp's 56% stake that could be announced as soon as next week, it said, citing people familiar with the matter. Glencore and Pan American Silver declined to comment.
Glencore in Advanced Talks for Argentina Copper Stake
KONTAN.CO.ID - BUENOS AIRES. Glencore is in advanced talks to buy out its partner in Argentina's Mara copper project as it seeks higher exposure to the metal, Bloomberg News reported on Friday. The company is close to finalizing a deal to acquire Pan American Silver Corp's 56% stake that could be announced as soon as next week, it said, citing people familiar with the matter. Glencore and Pan American Silver declined to comment.