Is the London Stock Exchange’s golden age of mining over? MINING Glencore and Anglo American come immediately to mind when one considers the recent struggles for London miners.
Commodity traders still made bank last year despite calmer markets COMMODITIES Global commodity trading generated more than £79bn in earnings before taxes (EBIT) in 2023.
Why investors need to get used to lower cash returns from the likes of Rio Tinto, Glencore and BHP MINING Morningstar's report contends that mining has been too focused on investor returns over project development.
Could Glencore really ditch the so-called ‘home of mining’ the London Stock Exchange? March 15, 2024 Activist investor Tribeca sent jitters through the City yesterday with the claim that London had lost its lustre for the likes of Glencore - but could it leave?
London ‘no longer the home of mining’ as activist pushes for Glencore to shift listing to Sydney March 14, 2024 The proposals included shifting the company's primary stock market listing from London to Sydney.
FTSE 100 close: London dragged lower as HSBC suffers worst share price fall since 2008 February 21, 2024 HSBC was the latest bank to announce results, following Barclays yesterday and Natwest last week, but markets were not impressed.
Glencore reports steep drop in profit as the good times come to an end for the mining giant February 21, 2024 Glencore has reported a drop in profit and reduced shareholder returns following the "normalisation of international energy flows."
Less is more, but not for Glencore November 20, 2023 Glencore's near-$7bn acquisition of Canadian miner Teck Resources stands at odds with its green energy goals... or does it?
Glencore swoops in to buy 77 per cent of Canadian miner Teck in £5.65bn deal November 14, 2023 Japan's Nippon Steel will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20 per cent of the coal business, the report said, citing sources.
Glencore downgrades nickel expectations as strikes hit production October 30, 2023 Glencore has downgraded expectations for nickel production, with the commodities giant still recovering output from strike action.