Glencore lowers 2019 production forecasts for copper to oil

2019-04-30 10:40

Glencore cut its full-year copper-output goal by about 3% and lowered production targets for other commodities from nickel to oil, as the world’s biggest metal trader deals with multiple problems across its operations.

Competition Tribunal approves Glencore-Chevron merger

2019-03-16 11:59

The Competition Tribunal has approved the merger between Glencore South Africa Oil Investment and the local division of Chevron.

Ferial Haffajee: Even Glencore’s notorious cowboys were no match for the Gupta mafia

2019-03-02 13:54

It was quite something to see Glencore as the victims before the inquiry into state capture rather than the captors, says Ferial Haffajee.

OVERVIEW: Zwane initiated meeting with Glencore's Glasenberg in Switzerland, Ephron tells #StateCaptureInquiry

2019-02-27 16:00

The judicial commission of inquiry into state capture has adjourned after hearing the testimony of former CEO of Glencore, Clinton Ephron.

Glencore said to cut workers at Congo copper, cobalt mine

2019-02-10 07:39

Labour unions met on Friday to discuss the job cuts, which will affect contractors and expatriate employees, the people said, asking not to be identified as the matter is private.

Glencore billionaire among directors banned, fined by Canada

2018-12-18 20:48

Glencore’s billionaire head of copper trading, Aristotelis Mistakidis, was among executives fined and banned from being a director by Canada after admitting that its Congolese copper and cobalt unit misstated how much metal it mined.

China's GEM said to stop buying cobalt from Glencore

2018-12-14 16:57

Chinese battery maker GEM Co. has halted buying cobalt from Glencore after prices fell below the agreed level under a three-year contract signed earlier this year, according to a person familiar with the matter.

Glencore's billionaire copper chief retires under legal pressure

2018-12-04 06:25

Glencore has announced the retirement of billionaire Aristotelis Mistakidis, its embattled head of copper trading and one of the company’s biggest shareholders.

Glencore's radioactive news may help give cobalt its buzz back

2018-11-07 19:04

Glencore’s sudden discovery that some of its cobalt is radioactive couldn’t come at a better time.

Glencore to boost share buyback program by up to $1bn

2018-09-25 11:22

Glencore will increase its share buyback program by as much as $1bn, adding to a growing number of moves by the world’s biggest miners this year to return more money to investors.


Glencore faces new corruption probe by US authority

2019-04-25 21:29

Glencore said it’s under investigation by the US Commodity Futures Trading Commission for possible corrupt practices, the latest legal headache for the world’s biggest commodity trader.

State Capture inquiry hears of secrecy around Optimum coal mine sale to the Guptas

2019-03-14 14:11

Former director general in the department of Mineral Resources Thibedi Ramontja on Thursday detailed the secrecy that surrounded the acquisition of Optimum coal mine from Glencore.

Former Glencore CEO 'devastated' by Molefe's about-face on coal deal

2019-02-27 17:37

Former Glencore CEO Clinton Ephron has told the Zondo commission that he was devastated when former Eskom CEO Brian Molefe told him Eskom would not be updating the company’s contract with the power supplier.

WATCH LIVE: State capture inquiry - Glencore CEO on the stand

Former Glencore CEO Clinton Ephron is giving testimony at the Zondo commission of inquiry into state capture. Watch.

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Miners are budgeting for a recovery in copper

2019-02-01 06:25

Don’t listen to what miners say. Look at what they do, say David Fickling & Elaine He.

Canada fines Glencore mining unit for Congo risks, WSJ reports

2018-12-17 06:15

Glencore’s Katanga Mining division has agreed to pay more than $22m to Canada’s biggest stock market regulator amid allegations it hid risks of doing business in the DRC, according to the Wall Street Journal.

Chris Bryant: Glencore's Glasenberg places a dirty $36bn bet

2018-12-06 19:19

Higher US bond yields have made the payouts offered by most stocks look pretty underwhelming lately. Not so Glencore, whose implied yield is startlingly high even though it’s throwing off cash like it’s going out of fashion, says Chris Bryant.

Glencore CEO Glasenberg says he'll stay for 3 to 5 years

2018-12-03 20:59

Glencore is updating investors as the world’s biggest commodities trader nears the end of a tough year.

Glencore CEO to tell investors he'll retire in 3 to 5 years

2018-10-22 13:08

Ivan Glasenberg, who has built Glencore into a dominant force in commodities trading and became the face of the industry, told investors he plans to retire in three to five years.

How Anglo quietly built a commodity trader in Glencore's shadow

2018-09-16 13:59

In just five years, the century-old miner assembled marketing operations that now sell more metals than the company produces.

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