Tag archive for ‘Rio Tinto PlcLtd’
sima On Monday, October 5th, 2015

UPDATE: Glencore urges rivals to shut lossmaking mines

  Glencore chief executive Ivan Glasenberg stepped up his defence of the under-fire miner and trading house on Monday, calling on rivals to shut unprofitable mines and blaming hedge funds for pushing More...

Ivan Glasenberg
News Brief On Monday, September 7th, 2015

Glencore chief Ivan Glasenberg plans to raise $2.5 billion; Investors push into restructure on debt fears

  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 credit rating, which is needed to More...

News Brief On Wednesday, August 19th, 2015

Glencore Reports Loss, Warns on Trading Profit

  London based Glencore PLC swung to a steep, first half-year loss, hit by sharp price falls in the raw materials it extracts and lower profit from the trading business that was supposed to cushion More...

Mick Davis
Jewish Business News On Tuesday, June 30th, 2015

Mick Davis’s X2 in ‘serious’ talks for Rio Tinto’s coal assets in Australia: FT

The Financial Times reported this morning that Mick Davis, the former head of Xstrata, is in “serious” talks with Rio Tinto about a multibillion-dollar offer to buy some of the global miner’s Australian More...

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