BlackRock's (BLK -1.1%) $2.2B stake in Glencore could jump more than 70% in value should the...

|By:, SA News Editor

BlackRock's (BLK -1.1%) $2.2B stake in Glencore could jump more than 70% in value should the commodity giant be priced at $60B in an IPO listing later this year. Glencore is the single largest position in BlackRock's World Mining Trust, making up 5% of the fund.