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Glencore PLC (GLCNF.PK)

GLCNF.PK on OTC Markets Group

4.49USD
22 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Glencore says continue to review global portfolio
Thursday, 10 Aug 2017 02:18am EDT 

Aug 10 (Reuters) - GLENCORE PLC ::"CONTINUE TO REVIEW GLOBAL PORTFOLIO TO UNLOCK/CREATE VALUE WHERE CERTAIN ASSETS MIGHT BEST BE OWNED IN PARTNERSHIP OR BY OTHERS OUTRIGHT".FIRMING UP THE SALE OF A STAKE IN A PORTFOLIO OF BASE METALS’ ROYALTY / INCOME STREAMS THAT HAVE ACCUMULATED OVER MANY YEARS.  Full Article

Glencore raises 2017 marketing EBIT guidance range by $100 mln
Thursday, 10 Aug 2017 01:05am EDT 

Aug 10 (Reuters) - Glencore Plc ::INCREASED FULL YEAR 2017 MARKETING EBIT GUIDANCE RANGE BY $100 MILLION TO $2.4-$2.7 BILLION .H1 FUNDS FROM OPERATIONS $5,201 MILLION VERSUS $2,762 MILLION.HY ADJUSTED EBITDA OF $6.74 BILLION VERSUS. $4.020 BILLION.NET DEBT FELL A FURTHER $1.6 BILLION TO $13.9 BILLION AT END OF H1 FROM END OF 2016.HY EARNINGS BASIC PER SHARE $0.17.HY NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF $2.5 BILLION, UP FROM A LOSS OF $369 MILLION.AS AT JUNE 30, 2017 NET FUNDING $30,190 MILLION VERSUS $32,619 MILLION AS AT DEC 31, 2016.AS AT JUNE 30, 2017 FFO TO NET DEBT RATIO 74 PERCENT VERSUS 50 PERCENT AS AT DEC 31, 2016.AS AT JUNE 30, 2017 NET DEBT TO ADJUSTED EBITDA RATIO 1.07 TIMES VERSUS 1.51 TIMES AS AT DEC 31, 2016."PORTFOLIO OF TIER 1 COMMODITIES UNDERPINS OUR AMBITION TO CREATE SIGNIFICANT LONG-TERM VALUE FOR GLENCORE SHAREHOLDERS" - CEO.  Full Article

Glencore Plc says ‍trading in ordinary H-shares halted
Wednesday, 9 Aug 2017 08:50pm EDT 

Aug 10 (Reuters) - Glencore Plc -:Trading in ordinary shares listed in hong kong will be halted with effect from thursday, 10 august 2017 at 9:00 a.m​.Trading in Hong Kong shares halted pending company's release of its half-year report of 2017​.  Full Article

Century Aluminum Company Q2 earnings per share $0.07
Wednesday, 2 Aug 2017 04:05pm EDT 

Aug 2 (Reuters) - Century Aluminum Co :Century Aluminum Company reports second quarter 2017 results.Q2 adjusted earnings per share $0.01.Q2 earnings per share $0.07.Q2 revenue $388.8 million versus I/B/E/S view $398.3 million.Q2 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Century aluminum co qtrly ‍shipments 186,395 tonnes versus 182,829​ tonnes.Century Aluminum Co - ‍in quarter, results were favorably impacted by a $6.1 million unrealized gain relating to LME forward sales​.Century Aluminum Co - ‍"we are seeing an increase in prices of key raw materials, and we expect this trend to continue for some time"​.  Full Article

Glencore PLC reports HY own-sourced copper production of 642,900 tonnes
Thursday, 27 Jul 2017 02:19am EDT 

July 27 (Reuters) - Glencore Plc :In HY own-sourced copper production of 642,900 tonnes was down 9% on H1 2016.In HY own-sourced zinc production of 570,800 tonnes was up 13%.In HY own-sourced nickel production of 51,200 tonnes was down 10%.In HY coal production of 61.1 million tonnes was up 4% on H1 2016.In HY glencore's oil entitlement production interest of 2.6 million barrels was down 39% on H1 2016.Sees FY copper production 1,330 ± 25 KT.Sees FY zinc production 1,130 ± 25 KT.Sees FY lead production 285 ± 10 KT.Sees FY nickel production 115 ± 4 KT.Sees FY ferrochrome production 1,585 ± 25 KT.Sees FY coal production 132 ± 3 MT.  Full Article

Glencore says CEO Ivan Glasenberg named as Rosneft's non-executive director
Friday, 23 Jun 2017 07:07am EDT 

June 23 (Reuters) - Glencore Plc ::Ivan Glasenberg, a director of company, has been appointed as a non-executive director of Rosneft Oil Company PJSC.  Full Article

Glencore says would prefer to grow business through acquisitions
Wednesday, 24 May 2017 06:21am EDT 

May 24 (Reuters) - Glencore Plc :Prefers to build through acquisitions, not interested in getting into new commodities not already in.Glencore CEO Ivan Glasenberg says he hopes agricultural business will get bigger in the future.  Full Article

Bunge says not engaged in business combination discussions with Glencore Agriculture or Glencore
Tuesday, 23 May 2017 08:13pm EDT 

May 23 (Reuters) - Bunge Ltd :Bunge issues statement.Not engaged in business combination discussions with Glencore Agriculture limited or Glencore Plc.Committed to continuing to execute its global agri-foods strategy and pursuing opportunities for driving growth and value creation.  Full Article

TREVALI MINING SAYS SHAREHOLDERS APPROVE ACQUISITION OF GLENCORE'S AFRICAN ZINC MINES
Thursday, 18 May 2017 10:56am EDT 

May 18 (Reuters) - Trevali Mining Corp ::TREVALI SHAREHOLDERS APPROVE ACQUISITION OF GLENCORE'S AFRICAN ZINC MINES.TREVALI MINING CORP SAYS SHAREHOLDERS APPROVE ACQUISITION OF GLENCORE'S AFRICAN ZINC MINES.  Full Article

Glencore announces joint venture with G500 in Mexico
Thursday, 18 May 2017 03:06am EDT 

May 18 (Reuters) - Glencore Plc ::Glencore announces joint venture with G500 in Mexico.Fuels retail franchise created by Glencore and G500's JV will include fuel supply, branding and ancillary retail services.Has entered into agreement with corporacion G500 SAPI (G500) to create a franchise platform, to be known as G500 network, which will service over 1,400 affiliated service stations in mexico..  Full Article

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Zinc on a bullish tear but just how high can it go?: Andy Home

LONDON Zinc on Monday morning hit a fresh decade high of $3,180.50 per tonne on the London Metal Exchange (LME).