Glencore PLC (GLEN.L)
24 Dec 2014
|Market Cap (Mil.):||£39,525.18|
|Shares Outstanding (Mil.):||13,139.93|
LONDON, Dec 15 - Load-out queues in the London Metal Exchange's (LME) warehousing network fell across the board last month.
LONDON - Load-out queues in the London Metal Exchange's (LME) warehousing network fell across the board last month.
(Andy Home is a Reuters columnist. The opinions expressed are his own)
* Olam's offer lower than prior tender's lowest from Glencore
* Sees buying opportunities in oil, iron ore, due to weak prices (Modifies headline, adds bullet points)
(Adds detail on Glencore activities, further comments at investor day briefing)
LONDON, Dec 10 - Glencore's oil chief said on Wednesday there was a "good chance" of crude prices extending their 43 percent fall since June, as he did not expect many oil projects to be shut over the next 6-9 months.
LONDON, Dec 10 - Miner and commodity trader Glencore said power issues affected copper output at its Katanga asset in the Democratic Republic of Congo, defining its performance as "disappointing".
* CFO says will continue to return excess cash with progressive dividend, buybacks and/or special distribution
- Mining and trading firm Glencore said on Wednesday it is considering the sale of some nickel and cobalt projects amid lower prices as the company focuses on returning cash to shareholders.
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