The chief executive of globally diversified miner Anglo American PLC (AAL.LN) said Friday that the proposed merger of mining titans Glencore International PLC (GLEN.LN) and Xstrata PLC (XTA.LN) won't affect its business.

"I don't think it's going to change anything," said Cynthia Carroll in a conference call with journalists. "We have the scale and we have the breadth of commodities" with a strong focus on growing tier one assets, she added.

The company has a $98 billion organic growth pipeline of 85 approved and unapproved projects and expects to expand its production base 35% by 2014, and 50% once the purchase of an increased stake in diamond producer De Beers is taken into account, Carroll told journalists in a call, and then later on TV broadcaster CNBC Europe.

The De Beers transaction has yet to close.

The Glencore-Xstrata merger "doesn't change anything from a competitive standpoint," she said, adding that she wouldn't speculate on whether Glencore and Xstrata might make a takeover approach on Anglo American.

Bankers and industry executives have said that the proposed merger of equals between Glencore and Xstrata could create a company with enough financial muscle to go after Anglo American.

Xstrata already proposed a merger of equals in 2009 that Anglo American rejected.

-By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328; alex.macdonald@dowjones.com

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