Glencore guides for lower production and higher capex at its December update. Despite the downward revision, the portfolio mix still leaves the company well-positioned to capitalize on near and long-t

Glencore's Sukunka coal mine project rejected

01:29pm, Thursday, 22'nd Dec 2022
(Kitco News) - "After careful deliberation, the Government of Canada has determined the significant adverse environmental effects of the proposed Sukunka Coal Mine Project, an open-pit metallurgical c
Analysts at JPMorgan Cazenove have named Glencore PLC (LSE:GLEN) as their overall top pick for 2023 in a European Metals & Mining sector review, and have downgraded Rio Tinto PLC (LSE:RIO) to 'Unde
(Kitco News) - On Monday, Glencore announced it will enter a long-term supply agreement with ACE Green Recycling (ACE), a global recycling technology and supply chain platform, for recycled lead as we
Glencore PLC (LSE:GLEN) is paying a further US$180mln into the Democratic Republic of Congo to settle past and future corruption claims. This includes activities in certain parts of its business that
Europe vanadium pentoxide spot prices were slightly higher the past 30 days. China and Europe ferrovanadium prices were slightly higher. Vanadium market news - China wants over 100 GW energy storage b
(Kitco News) - Glencore announced today it has entered into a binding agreement with Metals Acquisition Corp (MAC), amending terms announced on 17 March 2022, for the sale and purchase of Glencore's C
Glencore is the best pick in the mining sector heading into 2023, according to Deutsche Bank, which expects a shortage of battery metals to come to a head over the next twelve months. “There is not
Glencore (LON: GLEN) share price held steady on Wednesday after the embattled company sold an important business in Australia. The stock rose to 535p, which was the highest level since November 7.
Glencore PLC (LSE:GLEN) has agreed to sell its Cobar copper mine in New South Wales, Australia for US$1.1bn and an ongoing 1.5% smelter royalty to Metals Acquisition Corp, a New York-listed special

Glencore weakness only short term - Barclays

10:46am, Friday, 11'th Nov 2022
Barclays analysts have kept faith in Glencore PLC (LSE:GLEN) after unseasonably warm weather caused excess supplies of gas and coal, driving prices down by 36% and 32% respectively. Even if higher t
Russia's largest lender, Sberbank , is suing global commodities trader Glencore for around 117 million euros ($116 million) over unpaid oil supplies, the database of Moscow's Arbitration Court showed
Commodities giant Glencore has been ordered to pay a record £281 million ($314 million) penalty by a UK court for bribing officials across Africa to gain access to oil.
Is it any comfort to the mining industry that the more serious of the charges that were recited against Glencore PLC (LSE:GLEN) in Southwark Crown court this week related to oil deals? Cash in suitcas

Buy Glencore Even If Elon Musk Doesn't

01:15am, Thursday, 03'rd Nov 2022
Elon Musk wanted to buy 10-20% of Glencore, but refused to. I'll discuss why. When Norilsk Nickel left the Western markets, Glencore became its main substitute for nonferrous metals.
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