Glencore has confirmed a resumption of talks with FTSE 100 rival Rio Tinto that could lead to the creation of the world's largest mining firm. Glencore issued a statement to the market soon after the Financial Times (FT) reported that discussions over a tie-up had resumed, almost a year after talks last broke down. There have been several attempts to secure a deal over more than a decade. Glencore said it was exploring with its larger rival a possible combination of some or all of their businesses. It was currently expected, the statement said, that any merger transaction would be implemented through Rio Tinto's ... (full story)