Glencore plc



Glencore records US$2.6B loss, scraps dividend

Glencore (LSE: GLEN) posted a US$2.6 billion loss after write-downs for the first half of the year and scrapped its dividend, as the coronavirus pandemic dented global demand and lowered…



Glencore operates in the DRC and is Africa's largest copper producer. Image courtesy of Katanga Mining.

Glencore hit by another probe over Congo dealings

Mining and commodities trader Glencore (LSE: GLEN) is facing a criminal investigation in its home country for failing to have organizational measures in place to prevent alleged corruption in the…



Hochschild Mining withdraws dividend

Hochschild Mining (LSE: HOC) has become the third major mining company to suspend its dividend due to the COVID-19 pandemic. The Peru-focused gold mining company’s announcement follows Glencore’s (LSE: GLEN)…



Editorial: Sinking in a sea of red

The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…



Workers in the flotation cell facility at Katanga Mining’s Katanga copper-cobalt project (majority-owned by Glencore) in the Democratic Republic of the Congo, before processing was suspended in 2015. Credit: Katanga Mining.

Glencore defers decision on dividend

Glencore (LON: GLEN) is postponing a decision on whether to proceed with a cash dividend of 20¢ per share totalling US$2.6 billion in 2020 due to the COVID-19 pandemic. “When…


A worker walks towards an excavator and Glencore’s Murrin Murrin nickel-cobalt mine in Western Australia. Credit: Glencore.

B of A models 2020 nickel demand

Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes. “Nickel demand has had a…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close