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International

Clara Denina

Glencore widens review of assets, eyes acquisitions

Dec 02 2021

LONDON (Reuters) -Miner and trader Glencore said on Thursday it was in the process of selling 10 more assets, putting another 15 under review and considering acquisitions as it moves to refocus its portfolio on what it termed "commodities of the future".

Glencore widens review of assets, eyes acquisitions

Dec 02 2021

LONDON, Dec 2 Miner and trader Glencore said on Thursday it was in the process of selling 10 more assets, putting another 15 under review, and considering acquisitions as it moves to refocus its portfolio on what it termed "commodities of the future".

Anglo CEO expects investor support for plan to keep 'met' coal

Nov 19 2021

LONDON Anglo American, which divested its thermal coal mines this year after pressure from investors, plans to retain its steelmaking coal portfolio as it is confident that they will not press for an early exit, the mining group's chief executive said.

As dual listings fall out of favour, Rio Tinto set to hold the line

Nov 19 2021

Global miner Rio Tinto Ltd has no plans to follow in the footsteps of peers BHP and Shell to collapse its dual listing, people familiar with its thinking say, seeing it as a needless expense that would erode advantages for shareholders in London and Sydney.

Glencore's agri unit seeks expansion in Americas, Australia - sources

Nov 12 2021

LONDON Swiss miner and trader Glencore and its partners are looking at options to expand their agricultural joint venture Viterra, including targeted bolt-on acquisitions in the Americas and Australia, two sources close to the matter said.

Barrick Gold quarterly profit dented by weak prices

Nov 04 2021

(Reuters) -Miner Barrick Gold Corp on Thursday reported an 18% drop in third-quarter profit from the prior three-month period, weighed down by weaker gold and copper prices.

Anglo American promotes Duncan Wanblad to succeed long-standing CEO

Nov 03 2021

LONDON Anglo American Plc named insider Duncan Wanblad as its new chief executive officer on Wednesday, in a widely expected move that will see current boss Mark Cutifani, who led the miner for nearly a decade, leave in April.

Buy a coal mine, get a bonus: Glencore makes fortune on Colombian deal

Oct 27 2021

LONDON For investors seeking to burnish sustainable portfolios, coal mines are an anathema.

Australia watchdog closes probe into former Rio Tinto exec Davies-letter

Oct 22 2021

LONDON/MELBOURNE (Reuters) -Australia's securities watchdog has closed its investigation into former Rio Tinto Ltd executive Alan Davies over an alleged $10.5 million payment to a consultant in Guinea, citing insufficient evidence, according to a letter reviewed by Reuters.

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