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Glencore International PLC

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  • 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.

  • 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.

  • SINGAPORE, Aug 6- London copper was near one-week lows on Wednesday and Shanghai prices fell one percent, reflecting investor caution as weakness in China's services sector cast doubts on its economic recovery. *The most-traded October copper contract on the Shanghai Futures Exchange dropped 510 yuan to 50,030 yuan per tonne.

  • LONDON, Aug 6- Well before settling a long-running oil price manipulation case this week, global oil trader Arcadia had shrunk itself to a leaner operation with an almost singular focus: trading the very contracts U.S. regulators accused them of rigging.

  • NEW YORK, Aug 5- Glencore Plc, one of the world's largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices.

  • NEW YORK, Aug 5- Glencore Plc, one of the world's largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices.

  • *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.

  • Glencore seeks to exit U.S. aluminum price-fixing case Tuesday, 5 Aug 2014 | 10:17 AM ET

    In a Monday night filing with the U.S. District Court in Manhattan, Glencore said it lacks minimal contacts with New York, Michigan and California, where the alleged violations took place, and does not even conduct any business in those states.

  • Aug 4- Russia's threatened ban on U.S. poultry imports, the latest move in a sanctions skirmish over Moscow's support of rebels in Ukraine, has agriculture companies alert to the risks of a conflict that's already roiled trading of crops ranging from soy, beef and fruit to California pistachios.

  • LONDON, July 29- On the surface at least, much has changed in the London Metal Exchange warehousing business over the past year. The exchange has much more work to do if it wants to rectify a delivery system that has ruptured relations with some of its users and generated a spate of lawsuits in the United States.

  • MELBOURNE/ LONDON/ RIO DE JANEIRO, July 24- After two years of shunning miners, investors are tiptoeing back into the sector on signs of growth perking up in China, company austerity measures paying off, and prices of nickel, copper and aluminum picking up as supply tightens.

  • SYDNEY, July 23- Brazil's BTG Pactual has received a green light from the London Metal Exchange to set up warehousing operations in Singapore, marking the investment bank's first foray into Asia as builds out its physical metals business.