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Glencore PLC (GLEN.L)

GLEN.L on London Stock Exchange

351.30GBp
11 Dec 2017
Change (% chg)

5.80 (+1.68%)
Prev Close
345.50
Open
343.00
Day's High
352.70
Day's Low
343.00
Volume
46,944,735
Avg. Vol
41,738,765
52-wk High
388.25
52-wk Low
260.50

Latest Key Developments (Source: Significant Developments)

American Zinc Recycling Announces Strategic Investment by Glencore
Friday, 8 Dec 2017 09:00am EST 

Dec 8 (Reuters) - Glencore Plc ::AMERICAN ZINC RECYCLING LLC - SUBSIDIARY OF GLENCORE PLC HAS PURCHASED A 10% STAKE IN UNIT, AMERICAN ZINC RECYCLING CORP.  Full Article

Glencore appoints Gill Marcus as independent non-executive director​
Thursday, 7 Dec 2017 02:41am EST 

Dec 7 (Reuters) - GLENCORE PLC ::SAYS APPOINTMENT OF GILL MARCUS AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF COMPANY WITH EFFECT FROM 1 JANUARY 2018​.  Full Article

Ontario Teachers' Pension Plan And Glencore Canada Announce Formation Of BaseCore Metals LP
Tuesday, 5 Dec 2017 08:32am EST 

Dec 5 (Reuters) - Glencore Plc ::ONTARIO TEACHERS' PENSION PLAN, GLENCORE CANADA ANNOUNCE FORMATION OF BASECORE METALS LP, A 50:50 JV LIMITED PARTNERSHIP.ONTARIO TEACHERS' PENSION PLAN - VALUE OF INITIAL ROYALTY PORTFOLIO CONTRIBUTED TO BASECORE METALS IS ABOUT $300 MILLION.ONTARIO TEACHERS' PENSION PLAN - GLENCORE AND ONTARIO TEACHERS' WILL EACH HAVE RIGHT TO NOMINATE DIRECTORS TO BASECORE BOARD.  Full Article

Altona Mining ‍Executes Offtake Agreement With Glencore
Wednesday, 29 Nov 2017 10:30pm EST 

Nov 30 (Reuters) - Altona Mining Ltd ::‍EXECUTES OFFTAKE AGREEMENT WITH GLENCORE FOR SALE OF COPPER-GOLD CONCENTRATES PRODUCED FROM CLONCURRY COPPER PROJECT.  Full Article

Glencore sees no change in commissioning of Katanga project
Monday, 20 Nov 2017 02:36am EST 

Nov 20 (Reuters) - Glencore Plc ::GLENCORE PLC - ‍NOTES MATERIAL WEAKNESSES IDENTIFIED IN KATANGA'S INTERNAL CONTROLS OVER FINANCIAL REPORTING​.GLENCORE PLC - ‍GLENCORE HAS NOMINATED THREE NEW DIRECTORS TO BOARD OF KATANGA​.GLENCORE - ‍WILL ALSO BE IMPLEMENTING STRUCTURAL AND CONTROL CHANGES IN ITS COPPER DEPARTMENT TO ENHANCE, STRENGTHEN FINANCIAL PROCESSES AND PROCEDURES​.‍DOES NOT EXPECT ANY CHANGE IN ANTICIPATED TIMING FOR COMMISSIONING OF WHOLE ORE LEACH PROJECT AT KATANGA​.GLENCORE PLC - ‍ADJUSTMENTS ARISING FROM REVIEW DO NOT HAVE A MATERIAL ADVERSE EFFECT ON CONSOLIDATED INCOME OR CASH FLOWS OF GLENCORE​.  Full Article

Glencore ‍expects withdrawal of HKEx share listing to become effective on Jan. 31, 2018​
Monday, 30 Oct 2017 06:35pm EDT 

Oct 31 (Reuters) - Glencore Plc ::‍Expected withdrawal of listing of shares on HKEx will become effective at 9:00 a.m. (HK time) on Jan. 31, 2018​.  Full Article

Glencore to cancel secondary listing in Hong Kong - FT, citing sources
Monday, 30 Oct 2017 03:58am EDT 

Oct 30 (Reuters) - :Glencore is set to cancel its secondary listing in Hong Kong amid a lack of interest from investors - FT, citing sources.  Full Article

Glencore sees 2017 copper production 1,310 ± 15 KT
Monday, 30 Oct 2017 03:13am EDT 

Oct 30 (Reuters) - Glencore Plc :SEES 2017 COPPER PRODUCTION 1,310 ± 15 KT.SEES 2017 ZINC PRODUCTION 1,105 ± 15 KT.SEES 2017 LEAD PRODUCTION 280 ± 5 KT.SEES 2017 NICKEL PRODUCTION 115 ± 4 KT.SEES 2017 FERROCHROME PRODUCTION OF 1,550 ± 15 KT.SEES 2017 COAL PRODUCTION OF 124 ± 3 MT.  Full Article

Glencore hikes 2017 marketing EBIT guidance to $2.6-$2.8 bln from $2.4-$2.7 bln
Monday, 30 Oct 2017 03:00am EDT 

Oct 30 (Reuters) - Glencore Plc :9-MONTH ‍OWN SOURCED COPPER PRODUCTION OF 946,500 TONNES WAS 11% LOWER THAN COMPARABLE 2016 PERIOD​.9-MONTH ‍OWN SOURCED ZINC PRODUCTION OF 827,400 TONNES WAS 5% UP ON COMPARABLE PERIOD​.9-MONTH ‍OWN SOURCED NICKEL PRODUCTION OF 80,700 TONNES WAS DOWN 2% ON COMPARABLE PERIOD​.9-MONTH ‍COAL PRODUCTION OF 91 MILLION TONNES WAS IN LINE WITH COMPARABLE PERIOD​.‍FULL YEAR 2017 MARKETING EBIT GUIDANCE INCREASED TO $2.6 TO $2.8 BILLION, REFLECTING A STRONG Q3 PERFORMANCE (PREVIOUSLY $2.4 TO $2.7 BILLION)​.9-MONTH ‍ATTRIBUTABLE FERROCHROME PRODUCTION OF 1,107,000 TONNES WAS IN LINE WITH COMPARABLE PERIOD​.9-MONTH ‍GLENCORE'S OIL ENTITLEMENT PRODUCTION INTEREST OF 3.9 MILLION BARRELS WAS 36% BELOW COMPARABLE 2016 PERIOD​.  Full Article

Russia's En+ to pay out $125 mln in interim dividends in Dec
Friday, 20 Oct 2017 02:00am EDT 

Oct 20 (Reuters) - En+ Group::Says board approves interim dividends of $125 million to be paid in December 2017;.Says following results of 2017, it aims to declare additional dividends in 2018 for 2017..  Full Article

Congolese lower house adopts new mining code that increases taxes

DAKAR The Congolese lower house of parliament has adopted a new mining code that will increase taxes and royalties, two members of parliament and an aide to the speaker said.