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Business
The implosion of the mining giant Glencore’s stocks on Monday gave CEO Ivan Glasenberg’s wealth a serious kicking, after shares tumbled 29.42%. The...
Business
The past year has punctured both his wealth and veneer of invulnerability; he’ll be hoping his judgment doesn’t come under similar scrutiny
Business
Bill for executives’ purchase of shares may total $514 million On flipside, officials have reaped $1.8 billion in dividends Glencore Plc’s billionaire CEO Ivan...
Business
Mounting pressure from investors has forced debt-laden commodities giant Glencore into a $US2.5 billion ($3.6 billion) equity raising to protect its investment grade...
Leadership & A-List
A multibillion-dollar merger between commodities conglomerate Glencore and mining giant Rio Tinto may take place this year as Glencore’s CEO is pushing for the...
Business
Rio Tinto, desperate to avoid being taken over by Glencore, may buy Freeport McMoRan in a deal that is a “classic defensive move, ”...
Business
Glencore CEO Ivan Glasenberg executed the highly successful acquisition of Xstrata, and many wonder what he is going to buy next. While competitors are...
Business
– – Ivan Glasenberg’s Glencore signed the deal to sell Las Bambas to the Chinese in April, 2014, and expects to finally close by...
Business
– – On Sunday, Ivan Glasenberg‘s Glencore Xstrata announced the sale of its Las Bambas copper mining project in Peru to a Chinese consortium...
Business
All six LME metals fall, with copper and nickel leading slum; Mining shares follow slide in equities as jobs data misses