Glencore Plc agreed to a $960 million deal with Israeli billionaire Dan Gertler to buy out his holdings in two Congolese copper and cobalt mines, ending a decade-long relationship in which both built up key mining assets in the country. Glencore will pay Fleurette Group, a company owned by Gertler’s family trust, $534 million cash after all debts are paid, the company said in a statement.
Category: Congo
Homeland Security: 872 Refugees Will Be Allowed to Enter US
Almost 900 refugees who were set to arrive in the U.S. that were not from any of the seven countries in the travel ban will be allowed to enter the U.S. through Thursday, a Department of Homeland Security official announced. The 872 refugees were already cleared and officially on their way to the U.S., Jennifer Sime, senior vice president for U.S. programs at the International Rescue Committee said in a Wall Street Journal report.