Shares in Glencore (LSE: GLEN) Premier Oil (LSE: PMO) and Tullow Oil (LSE: TLW) have risen by between 60% and 80% so far this year.
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Mining group Glencore has returned to the bond market for the first time in a year as it continues its recovery from the worst commodity rout in decades.
Noble, Asia's largest commodity trader, is strengthening its LNG desk after Alejandro Sanchez Gestido and Gabriel Gonzalez Laguna left this year to join Glencore. They helped restart Noble's buying and selling of the super-chilled gas from London in 2014.
A former colleague of Panicker at Glencore, Lou Montilla, will join Noble Group in London on Monday. They previously bought and sold the fuel at Morgan Stanley & Co.
“That's definitely a positive as the company demonstrates it has access to longer-term funding,” said Max Mihm, a Frankfurt-based portfolio manager at Union Investment, which holds Glencore bonds among its 261 billion euros ($295 billion) of assets as ...
Similarly, Glencore (LSE: GLEN) has also performed exceptionally well recently, with the diversified commodities company recording a share price rise of 92% in the last three months.
Earlier this month, Glencore agreed to sell 40 percent of its agriculture unit to Canada Pension Plan Investment Board for $2.5 billion, and the company said in March it's confident of getting more than A$1 billion ($776 million) for its Australian ...
4/20/2016 - Glencore PLC had its “sell” rating reaffirmed by analysts at Investec. They now have a GBX 117 ($1.72) price target on the stock.
The Swiss-based resources giant, one of the largest coalminers in the world, is understood to have recently looked at the Peabody Energy Australian assets, according to various sources across the market, and while Glencore itself is struggling with its ...
Shares in Lok'N Store Group (LSE: LOK) shot 4% higher in start-of-week business, after the self-storage specialist released blockbuster trading numbers.
Texas' Corpus Christi Alumina (CCA) purchased the assets of Sherwin Alumina at auction last week, winning the bid with a US$54 million offer.
Glencore's biggest shareholder has reduced its stake in the embattled miner and trader which has been ripsawed by tumbling commodity prices.
Eight employees of Glencore's Brunswick Smelter in Belledune currently on long-term disability received letters of termination April 18, explaining they would be losing pension credits, health benefits, and their dental plan after a six-month grace period.
We are writing in response to Montana U.S. Rep. Zinke's latest editorial on the cleanup of the Columbia Falls Aluminum Company site outside of Columbia Falls.
04/07/2016 - GLENCORE INTERNATION had its “neutral” rating reiterated by analysts at JP Morgan. 02/10/2016 - GLENCORE INTERNATION had its “hold” rating reiterated by analysts at Societe Generale. 12/03/2015 - RBC Capital began new coverage ...
It is a company owned by Sherwin Alumina's parent company Glencore. Sherwin Alumina laid out a bankruptcy plan to sell its assets to CCA in exchange for forgiveness of its $95 million debt, plus $250 thousand in cash.
How do Swiss-based commodities giants Glencore or Vale operate in the field and what are the consequences of their work for those living there?
Mining stock Glencore (LSE: GLEN) has shot up like a laser-guided, growth-seeking missile, rising 138% in just three months.
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The rally in mining shares this month on the back of rising optimism about China's demand for raw materials has a notable absentee: Glencore Plc. The commodities trader is up 5 percent this month, underperforming rivals Rio Tinto Group and BHP Billiton ...
PERTH (miningweekly.com) - A subsidiary of mining major Glencore has moved to acquire the remaining shares in ASX-listed junior Sphere Minerals.