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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
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Post by Martincaton Jan 11, 2020 1:05pm
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Post# 30542335

Glencore under investigation?

Glencore under investigation?The Guardian...Dec 3/19....US Dept of Justice investigation for alleged money laundering in Nigeria, Venezuela and Congo....Dec 5/19...UK Serious Fraud Office investigating Glencore on suspicions of bribery and money laundering.....Billionnaire CEO Ivan Glasenberg is talking about early retirement, possibly this year....Many other senior executives may also leave in 2020....Possible replacements....Gary Nagles, Kenny Ives and Nico Parashevas.  Does it mean better times ahead for NIF?
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