Liberum upgrades Anglo American to 'buy', cites capex in ESG-friendly copper

3rd Nov 2021 10:28

(Sharecast News) - Analysts at Liberum upgraded their recommendation for shares of Anglo American from 'hold' to 'buy', describing it as the sole "pro-growth major" in its space.

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Europe midday: Stocks come off lows, miners down sharply

2nd Nov 2021 11:47

(Sharecast News) - European shares have come off their lows of the session, despite the release of data showing the weakest rise in factory output since the start of the recovery in July 2020.

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Glencore lifts annual trading unit guidance

29th Oct 2021 07:43

(Sharecast News) - Mining giant Glencore on Friday said it expected annual earnings to beat the top end of guidance and maintained production forecasts.

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Barclays downgrades European miners to 'neutral' on China steel output cuts

14th Sep 2021 10:43

(Sharecast News) - Analysts at Barclays downgraded their stance for European miners to 'neutral' given China's "rapid" steel production cuts and the likelihood that they might extend into 2022 and beyond in order to limit industry emissions.

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Glencore invests in UK gigafactory startup Britishvolt

17th Aug 2021 11:16

(Sharecast News) - Mining giant Glencore on Tuesday said it had bought a stake in Britishvolt, the battery start-up building a gigafactory in the UK.

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Glencore invests in UK gigafactory startup Britishvolt

17th Aug 2021 11:16

(Sharecast News) - Mining giant Glencore on Tuesday said it had bought a stake in Britishvolt, the battery start-up building a gigafactory in the UK.

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Glencore ups shareholder returns after record earnings

5th Aug 2021 07:42

(Sharecast News) - Glencore announced a special dividend and a $650m share buyback as the commodities trader and producer posted record first-half earnings supported by rising prices.

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Official China factory PMI slows more than expected in July

31st Jul 2021 18:54

(Sharecast News) - Activity in China's factory sector slowed more than expected in July amid higher weaker demand overseas, equipment maintenance and higher input costs, the results of a closely-followed survey revealed.

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Glencore copper and zinc production in line with forecasts

30th Jul 2021 07:41

(Sharecast News) - Glencore said on Friday that own-sourced copper and cobalt production was 598,000 tonnes and 14,800 tonnes in its first half, respectively, "modestly higher" than the first half of 2020 at 2% and 3% growth.

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JP Morgan raises target prices for miners as tapering and reflation gather pace

9th Jul 2021 14:38

(Sharecast News) - Analysts at JP Morgan revised their target prices for several of the major London-listed mining groups on the back of their updated commodity price forecasts for the third quarter.

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Monday broker round-up

5th Jul 2021 13:13

(Sharecast News) - Flutter Entertainment: Deutsche Bank upgrades to buy with a target price of 16,287p.

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Glencore appoints Kalidas Madhavpeddi as new chairman

5th Jul 2021 07:33

(Sharecast News) - Commodities miner Glencore said on Monday that Kalidas Madhavpeddi will become chairman on 30 July, after Tony Hayward retires.

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Friday broker round-up

2nd Jul 2021 12:50

(Sharecast News) - Informa: Berenberg upgrades to buy with a target price of 640p.

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Anglo American to sell stake in Cerrejon JV to Glencore for $294m

28th Jun 2021 07:52

(Sharecast News) - Anglo American has agreed to sell its 33.3% interest in the Cerrejón joint venture to Glencore for around $294m in cash.

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Tuesday broker round-up

18th May 2021 14:00

(Sharecast News) - BP: Barclays upgrades to top pick with a target price of 475p.

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