Glencore signs MoU with Nigeria to study investments up to $1bn

Glencore International has singed a memorandum of understand (MoU)with the government of Nigeria to discuss prospects in the mining industry inside the country that could amount to up to $1 billion of investment.

The Swiss-based trading and mining company declined to provide further details on the MoU, simply stating that discussions were “early stage”. Glencore is discussing a range of possible prospects in the mining industry in...

Published

Bianca Markram

May 16, 2012

14:11 GMT

Johannesburg