Glencore cobalt supplies in Congo face hold up over mine row

2017-04-19 09:48

A dispute between state-owned Gecamines and its joint-venture partner at a Congolese cobalt mine that supplies Glencore threatens to halt the supply of the metal.

Glencore eyes US grain traders for next big takeover

2017-02-24 09:19

After striking deals in Russian oil and Congolese copper mining, Glencore set its sights on the US grain-trading industry.

Glencore mulls bid for Impala’s chrome waste operations

2017-01-31 18:58

Glencore, the mining and trading firm run by billionaire Ivan Glasenberg, is considering bidding for Impala Platinum’s 65% stake in a chrome waste-retreatment operation, sources say.

JP Morgan-led fund rewarded as Glencore survives 'darkest days'

2016-12-20 16:21

When shares of mining firms including Freeport-McMoRan to Glencore were collapsing last year, a small fund run by JPMorgan Asset Management chose to hold on, now it's reaping the rewards.

Glencore scores as Putin sells R150bn stake in Russian oil firm

2016-12-08 10:13

Russia has sold a R149bn stake in its largest oil producer to commodity trader Glencore and Qatar’s sovereign wealth fund in a triumph for President Vladimir Putin.

Glencore to pay $1bn dividend after rally

2016-12-01 16:08

Glencore will reinstate its dividend next year and plans to pay out a minimum of $1bn annually following a rebound in commodity prices and a reduction in its debt.

Chamber of Mines takes aim at government over Mining Charter

2016-11-24 07:30

The Chamber of Mines will explore all options to oppose the Mining Charter if the government implements new levies and black-ownership targets as proposed.

Glencore lashes out at Eskom over coal claims

2016-11-06 09:50

Glencore has rejected allegations by Eskom CEO Brian Molefe that it sold the parastatal coal at exorbitant prices.

#StateCaptureReport: Madonsela nails Eskom over Gupta coal tender

2016-11-02 17:06

Prepayment by Eskom to Gupta-owned Tegeta allegedly used to buy Optimum Coal Mine from Glencore may be corrupt, illegal and amount to fruitless and wasteful expenditure.

Guptas' Oakbay Resources signs new coal export deal

2016-09-08 15:39

Oakbay Investments boss Nazeem Howa has confirmed that the group secured a new coal export deal, which is R150 per tonne more than its highest contract with Eskom.


Concern about lack of disclosure of Eskom, Tegeta arbitration details

2017-04-16 17:28

Eskom is seeking permission from Tegeta Resources, owner of the Optimum coal mine, to make details of its recent independent arbitration settlement public.

Glencore buys out billionaire with $1bn deal

2017-02-13 19:13

Glencore has agreed to a $960m deal with Israeli billionaire Dan Gertler to buy out his holdings in two Congolese copper and cobalt mines.

Glencore dips into oil, from crude to extra virgin

2016-12-23 08:15

Glencore’s got oil trading covered these days, from the crude that drives the global economy to the dressing for your side salad.

Glencore deal making king Glasenberg is back with wager on Russian oil

2016-12-08 10:39

A year ago Ivan Glasenberg was fighting to save his company from short sellers. Today, he is back to cutting deals that shake up global commodity markets.

Glencore’s stunning comeback

2016-12-07 09:48

The Swiss miner is first of the Big 4 mining conglomerates to set the stage for 2017 with a dividend announcement.

Glencore pivots from disposal to dividends

2016-11-29 19:15

There’s talk that Glecore’s turnaround plan has gone so well that it could be months away from paying dividends again.

Eskom hits back at Glencore over coal dealings

2016-11-06 18:45

Eskom has made public letters from Glencore in a bid to set the record straight over suggestions that the power utility lied about how much the mining firm wanted for coal.

#StateCaptureReport: Zwane's 'mystery' Dubai trip

2016-11-02 21:11

A series of unused flights during a trip abroad by Mining Minister Mosebenzi Zwane may have cost taxpayers nearly R100 000 in possibly fruitless or wasteful expenditure.

Glencore jumps to 15-month high as coal prices extend surge

2016-10-13 10:00

Glencore has jumped to a 15-month high in London as coal prices rose and a Japanese steelmaker was said to agree to pay the most for coking coal in four years.

Glencore drags down mining shares

2016-08-25 14:17

Mining shares have retreated, dragged down by a second day of losses in Glencore after the miner reported the smallest profit since its publicly traded.

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