Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

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Xstrata deal

over 12 years ago

Here is the latest info on the deal. This deal at this time is important because it shows the mining sector's reaction to the crises in Europe is not slowing it down.

"Shareholders in global miner Xstrata Plc are set to receive 2.8 shares in commodities trader Glencore International for each share held as the two firms try to seal an $88 billion deal, the Financial Times reported on Monday.

The terms of the all-share deal, likely to be unveiled on Tuesday, would represent an 8 percent premium to Xstrata's share price before news of the merger talks surfaced last week, the newspaper said in an unsourced report.

The ratio was higher than had been expected by most analysts or investors, the paper said."