Glencore, the world’s biggest commodities trader, has agreed to purchase half of a seabed mining venture which could eclipse others currently being promoted by London-listed Nautilus (in which Anglo American has a major stake) and Neptune.
Meanwhile, Glencore’s head honcho, Ivan Glasenberg, has defended bumper executive payments made to himself and his fellow traders.
See http://www.minesandcommunities.org/article.php?a=11756.