Glencore in talks to sell some Peru, other mining royalties – sources

Miner-trader Glencore has hired the Bank of Nova Scotia to sell a portfolio of royalties, including a royalty on the Antamina copper-zinc mine in Peru, four people familiar with the process told Reuters. The Antamina royalty makes up the bulk of the value of the package and could fetch up to $250-million, the people said. The portfolio also includes several much smaller royalties on other mines and exploration assets owned by Glencore around the world, they added.