Britishvolt gets £40m from Glencore in new funding round
15th Feb 2022 07:51
(Sharecast News) - UK startup Britishvolt on Tuesday said it would start a Series C funding round with a starting investment of £40m from mining giant Glencore.
Read moreGlencore to pay $4bn to shareholders as earnings soar
15th Feb 2022 07:02
(Sharecast News) - Glencore said it would pay $4bn (£3bn) to shareholders as the company reported an 84% increase in underlying earnings boosted by soaring commodity prices.
Read moreTuesday preview: UK labour market, Glencore in the spotlight
14th Feb 2022 13:13
(Sharecast News) - All eyes on Tuesday will be on the UK labour market with the rate of unemployment expected to have held steady at 4.1%.
Read moreGlencore affirms FY guidance after 2021 output in line
2nd Feb 2022 07:29
(Sharecast News) - Miner and commodity trader Glencore on Wednesday reaffirmed full-year guidance as operations in 2021 were in line with expectations in a "challenging" environment.
Read moreGlencore closes sale of Ernest Henry Mining
6th Jan 2022 07:43
(Sharecast News) - Mining giant Glencore said on Thursday that it has closed the sale and purchase of its 100% interest in Ernest Henry Mining to Evolution Mining.
Read moreActivist urges Glencore to spin off coal assets
30th Nov 2021 09:05
(Sharecast News) - Activist investor Bluebell Capital Partners has called on Glencore to spin off its thermal coal business as part of a strategic and governance overhaul, according to reports.
Read moreBoA downgrades Hochschild Mining to 'underperform' after Peru announces plans to close two mines
22nd Nov 2021 11:33
(Sharecast News) - Analysts at Bank of America downgraded their recommendation for shares of Hochschild Mining from 'buy' to 'underperform', marking down their target price from 280.0p to 90.0p in the process.
Read moreGlencore strikes deal to sell Queensland's Ernest Henry
17th Nov 2021 07:24
(Sharecast News) - Glencore said on Wednesday that it has entered into a binding agreement with Evolution Mining for the sale and purchase of its 100% interest in Ernest Henry Mining - the owner of the Ernest Henry copper-gold mine in Queensland, Australia.
Read moreLiberum 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.
Read moreEurope 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.
Read moreGlencore 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.
Read moreBarclays 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.
Read moreGlencore 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.
Read moreGlencore 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.
Read moreGlencore 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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