What next for Glencore after failed Rio Tinto merger talks?
More consolidation is needed, he told a private conference hosted by Goldman Sachs at LME Week. As it happened, Jakob Stausholm, the boss of rival mining company Rio Tinto, was also speaking at the event. Around the same time, Glencore and Rio held tentative talks about combining part or all of their business to create a $160bn mining behemoth.
Gary Nagle is facing a tricky situation. The Glencore CEO has a mix of copper mines, which everyone wants, and a giant coal ...
Explore the potential takeover target Glencore and the impact of market trends and geopolitical factors on the mining sector ...
Glencore plc (OTCMKTS:GLCNF – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,156,900 ...
Rio Tinto is counting the cost of another blow to its iron ore operations as it remains silent about any talks it held with ...
Hi, it’s Aaron Kirchfeld in London, looking at how bankers and executives are trying to bring dead deals back to life.
Shares of Glencore PLC GLEN rallied 2.73% to £3.80 Friday, on what proved to be an all-around positive trading session for ...
Mining giants Rio Tinto (RIO) and Glencore (GLEN.L, GLNCY) discussed a potential merger last year, as reported by Bloomberg, ...
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