Jun 23, 2015· Glencore Plc extricated itself from one of the mining industry’s most value-destructive deals by offloading the Cosmos nickel mine for A$24.5 million ($19 million). The Australian mine was bought in 2007 by Xstrata Plc, which paid A$3.1 billion for Jubilee Mines NL to gain control of the Perth-based company’s flagship operation.
