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Glencore to sell Bolivia zinc assets for US$110M

Diversified miner and trader Glencore is to sell its Bolivian zinc assets to Santacruz Silver Mining for US$110M in staged payments.

Glencore to sell Bolivia zinc assets for US$110M Glencore to sell Bolivia zinc assets for US$110M Glencore to sell Bolivia zinc assets for US$110M Glencore to sell Bolivia zinc assets for US$110M Glencore to sell Bolivia zinc assets for US$110M

Glencore's Sinchi Wayra subsidiary in Bolivia

Glencore will receive an initial US$20 million upon completion of the deal and a further $90 million to be paid within four years or less.