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Glencore International PLC

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  • LONDON, Sept 1- Copper prices slipped on Monday, pressured by weak factory data from China that raised concerns about the outlook for demand from the world's top metals consumer. Volumes were expected to remain subdued as markets in the United States were shut for the Labor Day holiday.

  • METALS-LME copper slips as China factory growth slows Sunday, 31 Aug 2014 | 11:59 PM ET

    SYDNEY, Sept 1- London copper edged down on Monday, after ending August with its biggest monthly drop since March, as weak factory data from China stoked concerns of stuttering growth in the world's top metals consumer.

  • NEW YORK, Aug 29- A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply.

  • Glencore in talks to mine huge Australian bauxite deposit Thursday, 28 Aug 2014 | 12:18 AM ET

    SYDNEY, Aug 28- Glencore will hold talks with the government of the Australian state of Queensland over developing vast bauxite reserves that have remained untapped for decades despite a series of attempts by mining companies to get a project off the ground.

  • Dominican park would halt Canadian company's mine Wednesday, 27 Aug 2014 | 10:44 PM ET

    SANTO DOMINGO, Dominican Republic— Lawmakers in the Dominican Republic approved a plan Wednesday to create a national park in an area where a Canadian company has sought to expand mining operations. President Danilo Medina has not said whether he will sign the bill into law over the objections of Toronto- based Glencore Xstrata PLC.

  • NEW YORK, Aug 26- A judge has dismissed London Metal Exchange Ltd as a defendant from U.S. antitrust litigation accusing banks and commodity companies of conspiring to drive up aluminum prices by restricting supply, hurting manufacturers and purchasers.

  • Bachelet, who took power in March, is pushing a wide range of reforms through Congress aimed at addressing inequality in Chile. Most crucial copper workers in Chile belong to local plant unions, who are not taking part in the strike, although Ahumada said it would be difficult for the mines to run normally without the contract workers.

  • NEW YORK, Aug 26- A U.S. judge has dismissed London Metal Exchange Ltd as a defendant from nationwide antitrust litigation over the alleged fixing of aluminum prices. District Judge Katherine Forrest in Manhattan said the LME was an "organ" of the UK government and immune from the lawsuit under the Foreign Sovereign Immunities Act.

  • Judge dismisses LME from aluminum price-fixing lawsuits Tuesday, 26 Aug 2014 | 10:12 AM ET

    NEW YORK, Aug 26- A U.S. judge has dismissed London Metal Exchange Ltd as a defendant from nationwide antitrust litigation over the alleged fixing of aluminum prices. District Judge Katherine Forrest in Manhattan said the LME was an "organ" of the UK government and immune from the lawsuit under the Foreign Sovereign Immunities Act.

  • LONDON, Aug 20- Commodities group Glencore became the first of the large miners to honor promises to return cash to shareholders, announcing a share buyback program of up to $1 billion as it reported forecast-beating first-half profit.

  • Glencore swings to profit, announces buyback Wednesday, 20 Aug 2014 | 6:11 AM ET

    GENEVA— Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent. The Swiss-based company, which created an industry giant through the merger between Glencore and Xstrata, says the repurchasing of shares will run through the end of March.

  • LONDON, Aug 20- Commodities group Glencore became the first of the large miners to honour promises to return cash to shareholders, announcing a share buyback programme of up to $1 billion as it reported forecast-beating first-half profit.

  • BHP Billiton says in talks to sell Nickel West unit Tuesday, 19 Aug 2014 | 4:30 AM ET

    SYDNEY, Aug 19- BHP Billiton is in talks with potential buyers for all, or part, of its Nickel West division in Australia after excluding the business from a major restructuring.

  • UK miners in focus ahead of earnings     Thursday, 14 Aug 2014 | 7:00 PM ET

    Jeff Largey, head of metals and mining research at Macquarie Group, looks ahead to earnings at BHP Billiton and Glencore Xstrata.

  • Europe closes higher; Ukraine in focus Wednesday, 13 Aug 2014 | 11:39 AM ET

    European shares were higher on Wednesday, helped along by a rally in the insurance sector, as investors remained focused on geopolitical tensions.

  • LONDON, Aug 13- When the London Metal Exchange consulted with its industrial users on what it should do about long load-out queues at some of its warehouses, the only point of general agreement in a polarised response was that it should improve transparency.

  • *Coal prices still a drag on Glencore- analyst. LONDON, Aug 13- Mining company Glencore posted a 13 percent increase in first-half copper output, in line with market forecasts and boosted by growth at its African and South American mines but its zinc and nickel production dipped.

  • LONDON, Aug 11- Zinc bulls, and there are plenty, have just received another lesson in the perils of timing. One stand-out of the first Commitments of Traders report issued last week by the London Metal Exchange was the speculative positioning in the exchange's zinc contract.

  • LONDON, Aug 7- Rio Tinto indicated it would not take part in a tender for the mining rights for the northern half of the disputed Guinea iron ore deposit Simandou, saying the government would prefer other companies to invest.

  • *Price tag of development project estimated at $20 billion. BEYLA, Guinea, Aug 5- In a remote, southeastern corner of Guinea, the mist-shrouded Simandou mountain range rises above the lush forest.