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.
Read moreGlencore 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.
Read moreJP 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.
Read moreMonday broker round-up
5th Jul 2021 13:13
(Sharecast News) - Flutter Entertainment: Deutsche Bank upgrades to buy with a target price of 16,287p.
Read moreGlencore 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.
Read moreFriday broker round-up
2nd Jul 2021 12:50
(Sharecast News) - Informa: Berenberg upgrades to buy with a target price of 640p.
Read moreAnglo 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.
Read moreTuesday broker round-up
18th May 2021 14:00
(Sharecast News) - BP: Barclays upgrades to top pick with a target price of 475p.
Read moreGlencore sees FY earnings in top half of range as copper output rises
29th Apr 2021 08:06
(Sharecast News) - Glencore said it was on track to deliver earnings at the top half of guidance on the back of rising commodities prices.
Read moreFriday broker round-up
16th Apr 2021 13:17
(Sharecast News) - Dixons Carphone: RBC Capital Markets downgrades to sector perform with a target price of 150p.
Read more'Green demand' to drive record tight copper balances, Goldman Sachs says
14th Apr 2021 16:11
(Sharecast News) - Strategists at Goldman Sachs reiterated their 'bullish' stance for a select group of global copper miners, predicting that so-called 'green demand' would drive the tightest balances ever over the next decade.
Read moreWednesday broker round-up
31st Mar 2021 13:40
(Sharecast News) - Hikma: Jefferies upgrades to buy with a target price of 2,870p.
Read moreGlencore appoints Gary Nagle as CEO from July 1
23rd Mar 2021 07:31
(Sharecast News) - Glencore said Gary Nagle would be appointed as chief executive on July 1 to succeed Ivan Glasenberg, who is set to retire on June 30.
Read moreGlencore chairman Tony Hayward to step down
11th Mar 2021 13:20
(Sharecast News) - Glencore is looking for a new chairman after Tony Hayward said he would leave in 2022 after more than eight years in the job.
Read moreResource nationalism surges in 2020 as side effect of Covid-19
5th Mar 2021 09:41
(Sharecast News) - In 2020, 34 countries have witnessed a significant increase in the nationalisation of natural resources as a side effect of Covid-19, revealed the latest report by Verisk Maplecroft published late on Thursday.
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