LONDON (Reuters) - Glencore (L:GLEN) has bought out the Fleurette group's 31 percent stake in Mutanda Mining and increased its stake in Katanga Mining (TO:KAT) in Democratic Republic of Congo for a total of $960 million (767 million pounds), Glencore said on Monday.
Glencore now owns 100 percent of the Mutanda copper and cobalt mine and about 86 percent of Katanga.