ASX-listed Western Areas has completed the A$24.5-million acquisition of the Cosmos nickel complex from diversified miner Glencore’s Xstrata Nickel Australasia Operations subsidiary.
Glencore said on Tuesday it was strong enough to ride out current volatility in commodity market, helping to lift the mining group’s shares by a fifth.
BHP Billiton yesterday released a new Economic contribution and payments to governments Report as part of its long-standing commitment to transparency and voluntary disclosure.