The output of the other, Falconbridge, complements the coal, copper and zinc businesses of its purchaser, Xstrata.

ECONOMIST: How to make sense of the current plethora of mining deals

He angled two large mining companies, Inco and Falconbridge, into a bidding war.

FORBES: The Promoter

Earlier this year, the shareholders of Inco and Falconbridge rejected a three-way tie-up with Phelps Dodge, an American copper miner.

ECONOMIST: How to make sense of the current plethora of mining deals

Friedland calls it "the treasure chest, " and claims it contains perhaps as much copper as Falconbridge's rich Collahuasi mine in Chile.

FORBES: Magazine Article