Edition:
India

Glencore PLC (GLEN.L)

GLEN.L on London Stock Exchange

272.25GBp
19 Jul 2019
Change (% chg)

2.60 (+0.96%)
Prev Close
269.65
Open
267.80
Day's High
273.85
Day's Low
266.50
Volume
28,389,830
Avg. Vol
34,135,035
52-wk High
343.90
52-wk Low
249.75

Latest Key Developments (Source: Significant Developments)

Bounty Mining Updates On Proposal With Glencore
Friday, 19 Jul 2019 

July 19 (Reuters) - Bounty Mining Ltd ::UPDATES ON PROPOSAL WITH GLENCORE TO ENABLE CO TO MEET OBLIGATIONS TO GLENCORE UNDER AGREEMENT FOR COOK COLLIERY ASSETS.GLENCORE AND BOUNTY HAVE AGREED TO A FURTHER EXTENSION TO 23 JULY.  Full Article

Brazilian steelmaker CSN expands iron ore contract with Glencore
Friday, 12 Jul 2019 

July 12 (Reuters) - Companhia Siderurgica Nacional ::BRAZILIAN STEELMAKER CSN SAYS EXPANDS IRON ORE CONTRACT WITH GLENCORE.BRAZILIAN STEELMAKER CSN SAYS WILL RECEIVE PRE-PAYMENT OF $250 MILLION FOR SUPPLYING ADDITIONAL 10 MILLION TONNES OVER 5 YEARS.  Full Article

Glencore Increases Its Shareholdings In PolyMet Following Completion Of Rights Offering
Wednesday, 3 Jul 2019 

July 2 (Reuters) - Glencore PLC ::GLENCORE INCREASES ITS SHAREHOLDINGS IN POLYMET FOLLOWING COMPLETION OF RIGHTS OFFERING.GLENCORE- UNDER AGREEMENT WITH POLYNET, CO ACQUIRED AN AGGREGATE TOTAL OF 627 MILLION COMMON SHARES AT AN AGGREGATE SUBSCRIPTION PRICE OF US$243 MILLION.  Full Article

Glencore Says Alex Sanna To Replace Head Of Oil Marketing Alex Beard
Monday, 3 Jun 2019 

June 3 (Reuters) - Glencore PLC ::MANAGEMENT CHANGES.ALEX BEARD, HEAD OF OIL, WILL RETIRE FROM GLENCORE WITH EFFECT FROM 30 JUNE 2019..ALEX BEARD WILL BE REPLACED AS HEAD OF OIL MARKETING BY ALEX SANNA.REPORTING LINES FOR OIL ASSETS WILL BE TRANSITIONED TO PETER FREYBERG.PETER FREYBERG WILL NOW BECOME HEAD OF INDUSTRIAL ASSETS ACROSS GROUP.  Full Article

Century Aluminum Enters Loan Agreement With Glencore Ltd
Saturday, 4 May 2019 

May 3 (Reuters) - Century Aluminum Co ::CENTURY ALUMINUM CO - ENTERED INTO A LOAN AGREEMENT DATED AS OF APRIL 29, 2019 WITH GLENCORE LTD..CENTURY ALUMINUM CO - BORROWED $40 MILLION FROM GLENCORE LTD.CENTURY ALUMINUM CO - LOAN MATURES ON DECEMBER 31, 2021.CENTURY ALUMINUM CO - LOAN BEARS INTEREST AT A FLOATING RATE EQUAL TO LIBOR PLUS 5.375% AND IS NOT SECURED BY ANY COLLATERAL.  Full Article

Aeris Resources Updates On Offer To Acquire CSA Mine
Monday, 15 Apr 2019 

April 15 (Reuters) - Aeris Resources Ltd ::ADVISES THAT IT HAS BEEN UNABLE TO COME TO AGREEABLE TERMS WITH GLENCORE.UPDATES ON OFFER TO ACQUIRE CSA MINE.  Full Article

Aeris Resources Updates On CSA Offer
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Aeris Resources Ltd ::UPDATE ON CSA OFFER; DISCUSSIONS WITH GLENCORE REGARDING PROPOSED ACQUISITION ARE CONTINUING.NO CONCLUDED AGREEMENT HAS YET BEEN REACHED ON TRANSACTION, NOR ON FUNDING STRUCTURE.  Full Article

Glencore Announces Refinancing And Extension Of Revolving Credit Facilities
Friday, 29 Mar 2019 

March 29 (Reuters) - Glencore PLC ::GLENCORE PLC - REFINANCING+EXTENSION REVOLVING CREDIT FACILITIES.GLENCORE - SHORT-TERM FACILITIES WERE INITIALLY LAUNCHED AT USD 8 BILLION AND CLOSED SUBSTANTIALLY OVERSUBSCRIBED, RAISING USD 10.55 BILLION.GLENCORE - LONGER-TERM USD 4.65 BILLION REVOLVING CREDIT FACILITY (VOLUNTARILY REDUCED FROM USD $5.115 BILLION) WAS AMENDED AND EXTENDED TO 2024.  Full Article

SA's Competition Tribunal Approves Glencore, Chevron Merger, With Conditions
Friday, 15 Mar 2019 

March 15 (Reuters) - SA's Competition Tribunal::APPROVES GLENCORE AND CHEVRON MERGER, WITH CONDITIONS.APPROVED GLENCORE S. AFRICA, CHEVRON S. AFRICA MERGER SUBJECT TO EMPLOYMENT, PRODUCTION, INVESTMENT, PUBLIC INTEREST CONDITIONS.  Full Article

Glencore Plans To Cut About 2,000 Employees At Mutanda In Congo - WSJ
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Glencore PLC ::GLENCORE TO CUT PRODUCTION AT MAJOR COPPER, COBALT MINE- WSJ.GLENCORE PLANS TO CUT ABOUT 2,000 EMPLOYEES AT MUTANDA IN CONGO - WSJ, CITING SOURCES.  Full Article