Glencore to reveal decision on coal demerger next week
30th Jul 2024 07:54
(Sharecast News) - Commodities miner and trader Glencore held annual production guidance and said it would reveal whether a planned demerger of its coal and carbon steel assets would go ahead at interim results next week.
Read moreLondon close: Stocks finish weaker on quiet day for data
23rd Jul 2024 15:00
(Sharecast News) - London stocks ended in the red on Tuesday, as losses in the mining sector overshadowed gains in other areas.
Read moreCanada gives Glencore final green light to buy Teck coal assets
5th Jul 2024 10:35
(Sharecast News) - Mining and commodities giant Glencore has received the final regulatory approval needed in its $7bn acquisition of steelmaking coal assets from New York-listed Teck Resources.
Read moreLondon close: Stocks finish choppy day in the red
26th Jun 2024 15:32
(Sharecast News) - London stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.
Read moreL&G to sell Glencore, TJX stakes over environmental concerns
26th Jun 2024 11:07
(Sharecast News) - Legal & General Investment Management (LGIM) said that its environmental, social and governance and some pension funds would divest their stake in commodities miner and trader Glencore due to its thermal coal operations.
Read moreLondon close: Stocks mixed ahead of key UK inflation data
17th Jun 2024 15:49
(Sharecast News) - London stocks ended Monday with a mixed performance as renewed concerns over French political uncertainty weighed on investors' minds.
Read moreJefferies downgrades Anglo American to 'hold'
30th May 2024 09:22
(Sharecast News) - Jefferies downgraded Anglo American to 'hold' from 'buy' on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn't be resolved.
Read moreLondon close: Stocks rise further as UK exits recession
10th May 2024 16:02
(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.
Read moreLondon close: Stocks rise further ahead of BoE decision
8th May 2024 16:36
(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.
Read moreLondon close: Stocks rise as US payrolls come in weaker
3rd May 2024 16:52
(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
Read moreGlencore said to be studying approach for Anglo American
3rd May 2024 07:49
(Sharecast News) - Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.
Read moreLondon close: Stocks rise on back of well-received earnings
2nd May 2024 16:07
(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfit Kappa.
Read moreGlencore says Q1 copper output falls, but holds guidance
30th Apr 2024 07:59
(Sharecast News) - Commodities miner and trader Glencore on Tuesday said first-quarter copper production fell 2% while cobalt output declined 37% due to lower production at its Mutanda mine in Congo.
Read moreLondon close: Stocks buoyed by banking, mining positivity
26th Apr 2024 16:35
(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.
Read moreLondon close: Stocks finish weaker after earlier gains
24th Apr 2024 15:09
(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.
Read more