Glencore raises £1.6bn in share placing to shore up finances
September 18, 2015
Permalink
World

Glencore raises £1.6bn in share placing to shore up finances

The sale was priced at 125 pence a share, the company said on Wednesday. If…

Continue Reading →

Glencore Raises $2.45 Billion in Share Issue
September 16, 2015
Permalink
World

Glencore Raises $2.45 Billion in Share Issue

But with Glencore’s share price continuing to fall, some analysts say the company may need…

Continue Reading →

Advertisement

Mining and commodities major Glencore to suspend dividends, sell assets
September 12, 2015
Permalink
Business

Mining and commodities major Glencore to suspend dividends, sell assets

“The company stuck to its forecast for the trading division to make an operating profit…

Continue Reading →

BHP posts 86 percent profit drop as commodity prices tumble
August 26, 2015
Permalink
Business

BHP posts 86 percent profit drop as commodity prices tumble

Last week, mining and commodities giant Glencore said profit fell after demand from China had…

Continue Reading →

Glencore’s half-year earnings fall, sees lower capex next year
August 23, 2015
Permalink
Business

Glencore’s half-year earnings fall, sees lower capex next year

Glencore’s billionaire Chief Executive Officer Ivan Glasenberg said no one can read the Chinese metals…

Continue Reading →

Advertisement

Weak commodities market drives Glencore to first-half loss
August 20, 2015
Permalink
Business

Weak commodities market drives Glencore to first-half loss

MINER and commodities trader Glencore posted a 29% fall in first-half earnings on Wednesday as…

Continue Reading →