Daily News February 11, 2016

X2 mulls bid for Anglo mines in Brazil X2 Resources, the private-equity firm founded by former Xstrata Ltd. chief Mick Davis, is among companies considering a bid for Anglo American Plc’s Brazilian niobium and phosphate mines, said two people with knowledge of the matter. Anglo hired Goldman Sachs Group Inc. and Morgan Stanley to sell the assets as a package valued at $1 billion, and is expecting to receive bids next week, the people said. Bloomberg reports. Colombia to complain against CB&I over multi-billion dollar refinery overruns Refinery is part of state oil firm Ecopetrol The Colombian government is preparing a complaint against contractor Chicago Bridge & Iron NV, which directed construction on the newly renovated Reficar refinery, after accusations […]

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