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Reuters: Glencore in talks on streaming deals for three copper mines

Sep. 16, 2015 5:45 PM ETGlencore plc (GLCNF) StockRGLD, FNV, GLCNF, GLNCY, WPMBy: Carl Surran, SA News Editor6 Comments
  • Glencore (OTCPK:GLCNF, OTCPK:GLNCY) is in talks with Franco-Nevada (NYSE:FNV), Silver Wheaton (SLW), Royal Gold (NASDAQ:RGLD) and two other companies to sell portions of the future production of three South American copper mines, according to a Reuters report.
  • The streaming deals are said to involve Glencore's Antamina and Antapaccay copper mines in Peru and its Collahausi mine in Chile, and the talks could expand to include other mines; the copper mines also produce precious metals such as silver and some gold as by-products.

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