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Pin to quick picksGlencore Share News (GLEN)

Share Price Information for Glencore (GLEN)

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Share Price: 455.00
Bid: 455.70
Ask: 455.90
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
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Prev. Close: 455.00
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Glencore's Peru JV closes but Quebec could reopen

Tue, 14th Apr 2020 07:58

(Sharecast News) - Glencore said its joint venture in Peru had halted activity in line with Covid-19 guidelines but that it was looking at options to reopen mines in Quebec.
In an update on the effect of the coronavirus crisis the commodities trader and miner said its Antamina joint operation in Peru had suspended operations for a likely two weeks. During that time the site will be disinfected and measures such as medical screening and social distancing will be put in place to protect the health of workers and communities, Glencore said.

In Canada the Quebec government has extended the closure of non-essential businesses until 4 May. From 15 April, mining will be classed as essential and Glencore said its nickel and zinc operations were reviewing options to reopen before 4 May.

In Colombia the president has extended a quarantine period until 27 April. Glencore's Prodeco mines will remain on care and maintenance while its port continues to operate, the FTSE 100 company said.

Glencore's ferroalloys operation and two of its coal mines in South Africa are closed after the government extended its lockdown to 30 April. The company is in talks with the Zambian government about the way forward for its closed mines in that country.

"For all our offices and industrial assets that are continuing to operate, we continue to implement various additional precautionary measures to protect our employees," Glencore said, addding that most of its operations had not been significantly affected by the Covid-19 crisis.

"We recognise the uncertainty caused by the current environment and endeavour to support our workforce and local communities, as appropriate. Our local teams are working closely with governments, health agencies and other key responders to identify their needs to provide the most effective response possible."

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17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

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17 Jan 2024 09:10

LONDON BROKER RATINGS: UBS cuts Shell, Admiral and M&G to 'neutral'

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12 Jan 2024 15:07

Peru copper production in November up 10.9% from year ago

LIMA, Jan 12 (Reuters) - Copper production in Peru rose 10.9% in November from the year-ago month to 253,582 metric tons, the Andean nation's mining ministry said on Friday.

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12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

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11 Jan 2024 09:24

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10 Jan 2024 16:51

Vale BM says decision to merge Canada nickel ops with Glencore a priority

RIYADH, Jan 10 (Reuters) - Vale Base Metals (VBM) is prioritising a decision on whether to combine its nickel operations in Canada's Sudbury basin with those of Glencore this year, a move that could reduce costs for both companies, its chairman said.

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8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

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4 Jan 2024 15:26

Saskatchewan workers at grain handler Viterra set to strike

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3 Jan 2024 19:56

Chile's copper production down 2.34% in November -Cochilco

SANTIAGO, Jan 3 (Reuters) - Chile's total copper production fell 2.34% in November on an annual basis to reach 442,800 metric tons, the country's copper commission Cochilco said on Wednesday.

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3 Jan 2024 18:03

Europe Gasoline/Naphtha-Cracks fall on Wednesday

LONDON, Jan 3 (Reuters) - Northwest European gasoline refining margins fell by around $3 a barrel on Wednesday, as gasoline prices decreased in the face of crude gains.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob
Barges
E10
Platts(fo
b ARA)
Ebob $713.50 $729.75 Shell Gunvor,
Barges -728 on on 4KT Petroin
Argus 8KT eos,
E5(fob Mabanaf
AR) t
Ebob $714 on $713-73 Shell Varo
Barges 4KT 3.50 on
E10 Argus 8KT
(fob AR)
Feb. swap $739.50 $720.25
fob ARA
Premium $790-79 $770-77 Petroin Gunvor
Unleaded 5 1 eos
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NEW)
Naphtha 2H Jan Balmo
(cif NEW) +$7 Jan +$7
<NAF-C-NW
E>

Ebob crack (per barrel) $7.02 Prev. $10.01
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Robert Harvey; Editing by Emelia Sithole-Matarise)

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3 Jan 2024 17:48

London close: Stocks fall amid rising geopolitical concerns

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

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2 Jan 2024 18:09

Europe Gasoline/Naphtha-Cracks rise as crude prices dip

LONDON, Jan 2 (Reuters) - Northwest European gasoline refining margins rose to about $10 a barrel in the year's first session as international crude prices slipped despite rising geopolitical tensions.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob
Barges
E10
Platts(fo
b ARA)
Ebob $729.75 $719.25 Shell Gunvor
Barges on 4KT on 10KT
Argus
E5(fob
AR)
Ebob $713-73 $717.50 Exxon, Varo,
Barges 3.50 on on 14KT Shell BP
E10 Argus 8KT
(fob AR)
Jan. swap $720.25 $723.50
fob ARA
Premium $770-77 $776-78 Petroin Trafigu
Unleaded 1 0 eos ra
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NEW)
Naphtha Jan.
(cif NEW) +$7
<NAF-C-NW
E>

Ebob crack (per barrel) $10.005 Prev. $7.930
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Noah Browning Editing by Mark Potter)

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