A merger between the two giant companies will have immediate and...

A merger between the two giant companies will have immediate and strategic impact on the mining sector in the country as SMI will be in the better position to wrest control over copper production and trading in the country. It could also result into Xstrata Plc finally taking full and 100 per cent control of SMI as Glencore could end up buying SMI minority shareholder Indophil Resources NL which owns the rest of the 37.5 per cent of the Tampakan mining company.



http://www.mindanews.com/mindaviews/2012/02/07/southern-comfort-smi-and-the-merger-between-glencore-and-xstrata/