The newly privatised Port of Newcastle has launched a federal court appeal in Australia against the mining giant Glencore to maintain control over port access fees that is likely to focus further attention on the privatisation of government assets ...
Glencore's stake in Russneft is set to be heavily diluted as the oligarch founder of the Russian oil group moves to restructure its debt and reinforce his controlling position ahead of a possible flotation.
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Coal giant Glencore strongly backed competition regulator Rod Sims's criticism of monopoly privatisations structured to maximise sale proceeds at the expense of customers.
The Port of Newcastle in Australia has lodged an appeal in the federal court against Glencore to maintain control over fees for gaining access to the port.
"The quantity was approved to be sold to Glencore, which had presented the highest bids and was confirmed by the high committee for marketing crude oil, in accordance with the standing rules," the agency quoted the official as saying.
Things have improved for Glencore, the sercretive Swiss commodities behemoth, since Elliott's damning report on the company back in September.
The Ministry of Labour has charged mining company Glencore for impeding its investigation. The two charges, filed in June, fall under the Occupational Health and Safety Act.
Representatives for Glencore Canada Corporation are scheduled to appear in court Aug. 27 on two charges in connection with the investigation into the death of a Sudbury miner.
The trading price for Glencore PLC with ticker code: LON:GLEN have gained 1.23% or 2.3 points thoughout the session so far.
2016 has been an astonishing year for investors, but few stocks have performed quite as astonishingly as Anglo American(LSE: AAL) and Glencore(LSE: GLEN). The two listed mining giants were the worst performers on the entire FTSE 100 last year, losing ...
Glencore paid the government of Canada $5.65 million US in taxes last year for its Sudbury Integrated Nickel Operations. The figure is contained in a report released by the miner called Glencore: Payments to Government 2015. Glencore is one of the ...
This time last year, investors and analysts were questioning whether or not Glencore(LSE: GLEN) could survive the commodity downturn.
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Among the best performers has been Glencore, which has doubled in value as it makes progress on its asset sales to pay down its towering debt pile.
The Court of Appeal has today handed down judgment dismissing Glencore's appeal against the c.$ 100m damages ,interest and costs for deceit awarded by Flaux J to the Romanian oil company, Petrom.
It's not all Brexit, as Glencore was already making firm progress in its recovery plan, disposing of assets to get its massive debt pile down to manageable levels.
The commodities markets have looked up in 2016 from the downturn conditions that pulled down prices to one-third of boom levels since 2014.
A number of investment brokers have recently updated their price targets on shares of Glencore (LON:GLEN). According to the latest broker reports outstanding on Tuesday 26th of July, 10 analysts have a rating of “strong buy”, 1 analysts “buy”, 9 ...
Once Gutseriev completes the process of swapping $1B of debt owed to another of his companies into new shares in Russneft, his stake in the oil company will reach nearly 75% while Glencore's will be cut to 25% plus one share, down from 46% at the start ...