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Xstrata Plc (XSRAF)

- OTC Markets
XSRAF is defunct.
  • May. 3, 2013, 8:26 AM
    Glencore Xstrata (GLCNF.PK) unveils an integration plan that puts Glencore firmly in control of the combined company, appointing 12 Glencore and two Xstrata execs to the management team. CEO Ivan Glasenberg says success will hinge on strength in commodity prices, which have slumped since the Feb. 2012 merger announcement. Shares up more than 4% on the first day of London trading.
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  • Aug. 15, 2012, 11:34 AM
    Walter Energy (WLT +1.7%) powers into positive territory after a Doug Kass tweet speculates Xstrata (XSRAF.PK, XSRAY.PK) is considering a ~$47.50/share bid for the coal producer. Shares had been down 5% earlier in the session.
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  • Jun. 13, 2012, 3:13 PM
    Xstrata (XSRAF.PK) shareholders can blame Martin Sorrell for the stock's 5% swoon in London trading today. The merger of Glencore (GLCNF.PK) and Xstrata is contingent on shareholders approving a package of incentives for Mick Davis and his Xstrata colleagues worth at least £217M, and the vote against Sorrell's big payday makes the deal look even more unlikely.
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  • May. 29, 2012, 2:25 PM
    Peru's government declared a state of emergency last night in southern Peru after deadly protests opposing Xstrata's (XSRAF.PK +5.2%) Tintaya copper mine. Anti-mining activists have recently halted investments in several planned mines, such as Southern Copper's (SCCO +2.1%) Tia Maria project and Newmont Mining's (NEM -1.9%) Minas Conga project.
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