China's MMG Confirms Talks For $5B Glencore Copper Mine

By Igor Kossov (March 19, 2014, 2:01 PM EDT) -- China's MMG Ltd. on Wednesday confirmed media reports that it's talking with Anglo-Swiss mining colossus Glencore Xstrata about buying the $5.2 billion Las Bambas copper project in Peru, though it hasn't yet reached a deal....

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