UPDATE 09:30am local time Friday: Reader S mails in and adds extra information to this breaking story:
"...FCX is also in on the deal, all three are rolling up into a conglomerate, and they even have a name picked out, Freeport Occident & Orient Lingotes."
This could become a world record mining deal.
UPDATE 2: The market is beginning to react to the news on this potential massive deal. More information here and here.
UPDATE 3 midday Friday April 1st: We at IKN Nerve Centre send you warm and fraternal greetings on this April Fool's Day and hope you have a pleasant weekend.