Potential Mining Superdeal Leaves A Mixed Reaction - Glencore (OTC:GLCNF), Rio Tinto (NYSE:RIO)

Heavyweight miners Glencore (OTC:GLCNF) and Rio Tinto (NYSE:RIO) made headlines last week after confirming early-stage talks about the mega merger. The $200 billion deal, which has eluded the market for nearly two decades, now looks closer than ever.Glencore chief executive Gary Nagle has previously described a combination with Rio as "the most obvious deal in mining," a view long championed by his predecessor Ivan Glasenberg, according to Bloomberg. While earlier attempts stalled, people familiar with the ...