Glencore pleads guilty to worldwide corruption, pays $1.2bn penalty
Mining giant Glencore recently pleaded guilty to worldwide corruption, market manipulation, and bribery with the multinational slapped with a $1.2bn penalty.
Mining giant Glencore recently pleaded guilty to worldwide corruption, market manipulation, and bribery with the multinational slapped with a $1.2bn penalty.
For a time, Glencore chose to turn its back on its colourful history. Now newish boss Gary Nagle is attempting to recognise and atone for that past.
Ranmore Fund Management founder and value fund manager Sean Peche gave words of warning as the market continues its volatile year.
Tesla smashed vehicle delivery expectations despite a host of supply chain issues, surpassing its own target production growth rate of 50%.
Mining giant Glencore have sold off an Australian gold and copper mine for R11bn in order to focus on the transition to green metals.
Glencore acquiring a stake in Britishvolt will allow the UK battery maker to secure long-term supplies of key material cobalt, says Bloomberg.
Glencore will pay out $1.18bn through dividends and share repurchases after surging metal prices helped drive first-half earnings to a record.
Expert market analyst David Shapiro joined the BizNews Power Hour for yet another insightful discussion on Mr Market’s latest movements.
Peter Major dissects Anglo American and BHP Billiton’s sale of its Colombian thermal coal assets to Ivan Glasenberg’s Glencore for R8.3bn.
The Engen refinery will be converted into a terminal capable of importing cleaner fuels after suffering annual losses for much of the past decade.