ZURICH—A Swiss village voted late Tuesday to donate some of the money it received after the flotation Glencore Xstrata PLC to charities, the latest in a series of votes underscoring uneasiness in communities that host the mining giant and its staff.
Residents in Obfelden approved at a village council meeting a proposal to donate part of the 500,000 Swiss francs ($561,500) it received as part of a distribution of taxes paid by Glencore Chief Executive Ivan Glasenberg that stemmed from the company’s initial public offering…
View original post here: Swiss Village Votes to Donate Glencore Cash
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