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Tag: Glencore
6 months ago
cityam.com

Glencore downgrades nickel expectations as strikes hit production

Glencore has downgraded expectations for nickel production, with the commodities giant's output still recovering afte...

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8 months ago
cityam.com

Glencore's shares slide as 197 claimants for legal action revealed

Shares in commodity giant Glencore have dropped four per cent in early trading this morning amid its bitter legal bat...

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9 months ago
cityam.com

Glencore appeases shareholders with more buybacks after steep drop in profits

Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in coal pr...

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about 1 year ago
cityam.com

Glencore willing to sweeten $23bn bid for Teck, ramping up pressure on board

Glencore said today that it is willing to improve its $23bn (£19.7bn) bid for Teck Resources, ramping up the pressure...

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about 1 year ago
cityam.com

Got the minerals? How Glencore's failed takeover reflects urgency of green push

Glencore’s failed takeover bid for Canadian miner Teck Resources reflects the growing urgency from miners to demerge ...

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about 1 year ago
cityam.com

Glencore fined £582m by US court for bribing African and South American officials

Glencore has been fined $700m (£582m) over the corruption scandal that saw the company’s execs pay more than $100m in...

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over 1 year ago
cityam.com

Glencore shareholders set for payday as profits jump to $18.9bn

Mining and commodities giant Glencore announced it would put $4.5bn back in shareholders pockets today after it repor...

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over 1 year ago
cityam.com

Glencore lowers copper production guidance due to problems at Congo mine

Commodities trader Glencore today said it is set to produce less copper this year than previously forecast due to tec...

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almost 2 years ago
cityam.com

BREAKING: Glencore convicted for seven counts of bribery, paid $28 across Africa, to be sentenced...

Glencore Energy has just been convicted on all charges of bribery brought against the company by the Serious Fraud Of...

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almost 2 years ago
cityam.com

Glencore trading profits set to soar amid volatile commodity prices

Glencore is on course to post record profits from its trading business in the first half of the year as it continues ...

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about 2 years ago
cityam.com

Production slumps at Glencore as pandemic strains continue

Mining giant Glencore reported a slump in production of coal and many of its key metals last year as the pandemic con...

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