Glencore Plc has agreed to sell its stake in Mopani Copper Mines Plc to the Zambian government for $1.5 billion, but will get just $1 upfront.

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) has agreed to sell its struggling copper refinery in the Philippines to the family of ...

The mine employs some 500 staff and contractors and in 2020 produced 46 200 t of copper, contributing A$309-million to the Glencore books. Edited by Creamer Media Reporter ...

(RTTNews) - Swiss mining company Glencore plc (GLEN.L), said on Friday that it concluded the sale of its stake in Cobar Management Pty Ltd (CMPL), a copper mine in New South Wales Australia to ...

Glencore (OTCPK:GLCNF, OTCPK:GLNCY) agrees to sell its underlying 73% stake in Mopani Copper Mines to the Zambian government for $1 plus the assumption of $1.5B of debts. The company says its 81.2 ...

The high price of the metal is giving Australian miners a boost. Yet one top copper asset remains undervalued, according to ...

News that it had beefed up the Australian entity reignited speculation that Glencore was positioning for a spin-off of its ...

Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls. By Reuters. February 1, 2024 8:11 AM UTC Updated February 1, 2024 ... reflecting the sale of its Cobar mine in ...

Glencore PLC shares plunged as much as 12.6% on Thursday, dropping below £ 1 for the first time in more than a month as copper prices slumped to six-year lows. Fox Business Personal Finance ...

Glencore said on Friday it was in final-stage negotiations over a potential sale of its majority stake in Mopani Copper Mines to Zambia's mining investment arm ZCCM-IH. LUSAKA, Jan 8 (Reuters ...

Copper (2019) 1.5 mio. to Mining costs app. 125c/lb, price 6500$/ton Ferrochrome, Nickel, Zink, Lead...a total of 35bn$ in mined commodities. plus the trading arm that might generate an EBITDA of ...

Villar, a former lawmaker worth over $23 billion, owns the largest home builder in the Philippines, as well as stakes in a shopping mall operator, a home-improvement chain and a supermarket chain.