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Glencore

  • London ‘no longer the home of mining’ as activist pushes for Glencore to shift listing to Sydney

    March 14, 2024

    The proposals included shifting the company's primary stock market listing from London to Sydney.

  • FTSE 100 close: London dragged lower as HSBC suffers worst share price fall since 2008

    February 21, 2024

    HSBC was the latest bank to announce results, following Barclays yesterday and Natwest last week, but markets were not impressed.

  • Glencore reports steep drop in profit as the good times come to an end for the mining giant

    February 21, 2024

    Glencore has reported a drop in profit and reduced shareholder returns following the "normalisation of international energy flows."

  • Glencore-backed nickel miner’s shares Horizonte Minerals crash 62 per cent on project warning

    February 20, 2024

    Commodities like Nickel continue to face an uncertain 2024 as geopolitical and climate risks continue to grow

  • Less is more, but not for Glencore

    November 20, 2023

    Glencore's near-$7bn acquisition of Canadian miner Teck Resources stands at odds with its green energy goals... or does it?

  • Glencore swoops in to buy 77 per cent of Canadian miner Teck in £5.65bn deal

    November 14, 2023

    Japan's Nippon Steel will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20 per cent of the coal business, the report said, citing sources.

  • Glencore downgrades nickel expectations as strikes hit production

    October 30, 2023

    Glencore has downgraded expectations for nickel production, with the commodities giant still recovering output from strike action.

  • Glencore’s shares slide as 197 claimants for legal action revealed

    August 31, 2023

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

  • FTSE 100 close: London bluechip index falters after weak trade data from China

    August 8, 2023

    London’s premier FTSE 100 index closed lower on Tuesday after data from China showed that its attempts to recover from the pandemic have continued to stall. The bluechip FTSE 100 index closed 0.4 per cent lower at 7,527.42 while the FTSE 250 slipped 0.1 per cent to end at 18,843.79. The falls came after new [...]

  • Glencore appeases shareholders with more buybacks after steep drop in profits

    August 8, 2023

    Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in oil and gas prices finally eased.

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