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Glencore PLC (GLEN.L)

GLEN.L on London Stock Exchange

291.95GBp
23 May 2017
Change (% chg)

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291.95
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51,008,461
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347.00
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124.55

Latest Key Developments (Source: Significant Developments)

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

Glencore says forecast 2017 demand growth remains positive
Tuesday, 16 May 2017 02:42am EDT 

May 16 (Reuters) - Glencore Plc ::Despite concerns around Chinese monetary tightening, repeat of 2015 weakness appears less likely given strong external demand, high private investment.Forecast 2017 demand growth remains positive.Overall portfolio well positioned to respond to climate change opportunites for nickel, cobalt, copper units.Supply disruptions/cutbacks support improving fundamentals for most base metals and thermal coal.  Full Article

Mitchell Services gets 3-year material contract with Glencore Coal Assets Australia
Sunday, 14 May 2017 09:17pm EDT 

May 15 (Reuters) - Mitchell Services Ltd :Material contract award.Received notification of award for 3-year contract with Glencore Coal Assets Australia across a number of their Queensland coal operations.  Full Article

Glencore names Aberdeen's CEO Martin Gilbert as non-executive director
Friday, 5 May 2017 05:30am EDT 

May 5 (Reuters) - Glencore Plc ::Appointment of Martin Gilbert as an independent non-executive director of company with immediate effect..Martin Gilbert is a co-founder and chief executive of Aberdeen Asset Management Plc.  Full Article

Glencore raises 2017 marketing EBIT guidance
Thursday, 4 May 2017 02:00am EDT 

May 4 (Reuters) - Glencore Plc ::Full year 2017 marketing EBIT guidance now $2.3 billion to $2.6 billion (previously $2.2 billion to $2.5 billion).Q1 copper production from own sources of 324,100 tonnes was 3 pct down on Q1 2016.Q1 own-sourced zinc production of 279,200 tonnes was 9 pct up on Q1 2016, mainly reflecting mine plan sequencing at Antamina.Q1 own-sourced nickel production of 24,900 tonnes was down 10 pct on Q1 2016.Q1 attributable ferrochrome production of 439,000 tonnes was 10 pct up on Q1 2016, reflecting operating efficiencies.Q1 coal production of 30.9 million tonnes was 4 pct up on Q1 2016, reflecting stronger coking coal production.Sees FY zinc production 1,190 ± 25 kt.Sees FY copper production of 1,355 ± 25 kt, lead production of 300 ± 10 kt, nickel production of 120 ± 4 kt.Sees FY ferrochrome production of 1,650 ± 25 kt, coal production of 135 ± 3 mt.  Full Article

Century Aluminum Co reports Q1 loss per share $0.17
Tuesday, 25 Apr 2017 04:05pm EDT 

April 25 (Reuters) - Century Aluminum Co -:Century Aluminum Company reports first quarter 2017 results.Q1 adjusted loss per share $0.05.Q1 loss per share $0.17.Q1 revenue $365.8 million versus i/b/e/s view $366.8 million.Century Aluminum Co- shipments of primary aluminum for q1 of 2017 were 186,395 tonnes compared with 183,210 tonnes shipped in q4 of 2016.Q1 earnings per share view $-0.12 -- Thomson Reuters I/B/E/S."conversion costs during quarter were in line with expectations and remain so".In quarter, "alumina pricing has, consistent with our expectations, shown a downward trend".  Full Article

Northam Platinum to buy Glencore's Eland platinum mine for 175 mln rand
Friday, 24 Feb 2017 12:05am EST 

Northam Platinum Ltd : Agreement with Glencore Operations South Africa to purchase Eland platinum mine for a cash consideration of R175 million .long-term agreement with Glencore to market, sell chrome produced at Northam's Zondereinde and Booysendal operations.  Full Article

Century Aluminum Q4 loss per share $1.93
Thursday, 23 Feb 2017 04:05pm EST 

Century Aluminum Co : Century reports fourth quarter 2016 financial results . Q4 adjusted loss per share $0.12 . Q4 loss per share $1.93 . Q4 sales $339.8 million versus I/B/E/S view $346.3 million .Q4 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S.  Full Article

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Bunge says not in talks with Glencore following approach

CHICAGO U.S. grains trader Bunge Ltd said on Tuesday it was not in talks with Swiss mining and commodities group Glencore Plc , after the latter said it had made an informal approach to discuss "a possible consensual business combination."