Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGlencore Share News (GLEN)

Share Price Information for Glencore (GLEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 455.00
Bid: 455.70
Ask: 455.90
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 455.00
GLEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TOP NEWS: Glencore Notes Lockdown Extensions But Plans Quebec Restart

Tue, 14th Apr 2020 09:39

(Alliance News) - Glencore PLC on Tuesday noted the extension of a quarantine in Colombia and the lockdown in South Africa, amid the Covid-19 pandemic, as well as the decision to halt operations for two weeks at its Antamina joint venture in Peru.

More positively, although the government of Quebec, Canada, has extended its order for non-essential businesses to stay closed until May 4, mining is considered to be "an essential activity" starting April 15. As such, Glencore's Raglan nickel and Matagami zinc operations in Quebec are currently "analysing options to restart operations" before May 4.

Colombia's president imposed a 19-day quarantine starting March 25, which has been subsequently extended to April 27. Glencore's wholly owned Prodeco unit, which operates in Colombia, will keep its mining operations on care and maintenance while continuing to operate the Puerto Nuevo port.

As with Colombia, South Africa has extended its lockdown to April 30. Glencore's ferroalloys operations and its Middleburg and Graspan coal operations are still on care and maintenance.

Meanwhile, in Peru, operations at the miner's Antamia joint venture, in which Glencore holds a 34% stake, are being halted for around two weeks. The workforce at Antamina has also been demobilised for two weeks and "the camp will be thoroughly disinfected and increased protocols put in place for those arriving at/departing from site". Protocols include social distancing measures and enhanced medical screening.

In Zambia, after subsidiary Mopani Copper Mines announced it was transitioning its mining operations to care and maintenance, Glencore is now in talk with the Zambian government for a "way forward".

"For all our offices and industrial assets that are continuing to operate, we continue to implement various additional precautionary measures to protect our employees. We recognise the uncertainty caused by the current environment and endeavour to support our workforce and local communities, as appropriate," Glencore said.

"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. In order to support these efforts, we recently launched the USD25 million Glencore Community Support Fund. This fund will complement existing efforts by our local teams to provide the support their communities need most at this time," the company added.

Shares in Glencore were up 2.5% at ZAR33.07 in Johannesburg on Tuesday and were up 1.8% at 147.31 pence in London.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
2 Jan 2024 17:51

Europe Distillates-Diesel cracks gain in thin trading

LONDON, Jan 2 (Reuters) - Northwest European diesel barge refining margins rose to about $25.70 a barrel on Tuesday amid thin trading activity and as Russian Baltic exports were set rise slightly.

Trades   Bids   Offers  Previous  Seller  Buyer
Session
0.1 GO Barge
diffs fob ARA
per tonne
<GO-ED-ARA>
0.1 GO Cargo
diffs cif NEW
per tonne
<GO-CND-NWE>
0.1 GO Cargo
diffs cif Med
per tonne
<GO-CND-MED>
50ppm barge
diffs fob ARA
per tonne
<GO50PPM-ED-A
RA>

Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel barge Jan Jan Shell, Mabana
diffs fob ARA +$10 (2 $6-$8 Gunvor ft,
per tonne barges) Trafig
<ULSD10-BD-AR ura
A>
Diesel cargo Jan
diffs cif NEW +$17
per tonne
<ULSD10-ANYD-
NWE>
Diesel cargo Jan
diffs cif Med +$13
per tonne
<DL-CIFD-MED>

Jet fuel Trades Bids Offers Previous Seller Buyer Session
Jet fuel Jan KLM BP
barge +$78
diffs fob
FARAG
per tonne
<JET-BD-ARA>
Jet fuel
cargo
cif NEW per
tonne
<JET-CD-NWE>

Read more
2 Jan 2024 11:08

Zanaga extends USD1.8 million Glencore loan repayment date to March

(Alliance News) - Zanaga Iron Ore Co Ltd on Tuesday agreed a loan repayment extension with FTSE 1000listed diversified mining firm Glencore PLC.

Read more
2 Jan 2024 07:57

LONDON BRIEFING: AstraZeneca, Sanofi's RSV treatment approved in China

(Alliance News) - Stock prices in London are expected to open higher on Tuesday, reacting to a slight expansion in manufacturing activity in China and ahead of a slew of manufacturing PMI data including for the UK.

Read more
29 Dec 2023 14:13

Europe Gasoline/Naphtha-Margins rise on Friday but close 2023 down nearly 9%

LONDON, Dec 29 (Reuters) - Northwest European gasoline refining margins rose to about $8.59 a barrel in the year's final session, down by around 8.6% from the final session of 2022.

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 $719.25 $730.30 Varo Petroin
Barges on 10KT (10KT) eos, BP
Argus
E5(fob
AR)
Ebob $717.50 $734.45 Exxon Totsa,
Barges on 14KT (21KT) Varo,
E10 Argus Shell,
(fob AR) Gunvor
Jan. swap $723.50 $733.5
fob ARA 0
Premium $776-78 $805 Petroin Trafigu
Unleaded 0 eos ra
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NEW)
Naphtha Jan +$2
(cif NEW)
<NAF-C-NW
E>

Ebob crack (per barrel) $8.59 Prev. $7.85
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Robert Harvey; Editing by Kirsten Donovan)

Read more
28 Dec 2023 17:36

Europe Gasoline/Naphtha-Margins firm as Atlantic basin inventories fall

LONDON, Dec 28 (Reuters) - Northwest European gasoline refining margins rose to about $7.85 a barrel on Thursday amid a fall in inventories on both sides of the Atlantic.

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 $730.30 $737-$7 Varo Trafigu
Barges (10KT) 39.50 ra, BP
Argus
E5(fob
AR)
Ebob $734.45 $733-$7 Shell, Totsa,
Barges (21KT) 47 Exxon Varo,
E10 Argus BP
(fob AR)
Jan. swap $733.5 $745
fob ARA 0
Premium $805 $817 Totsa Trafigu
Unleaded ra
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes $812
(cif NEW) (cif
Thames)
Naphtha Jan +$8 Jan
(cif NEW) +$10
<NAF-C-NW
E>

Ebob crack (per barrel) $7.85 Prev. $7.07
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ahmad Ghaddar; Editing by Kirsten Donovan)

Read more
27 Dec 2023 17:08

Europe Gasoline/Naphtha-Margins steady as Red Sea concerns ease

LONDON, Dec 27 (Reuters) - Northwest European gasoline refining margins were little changed at $7 a barrel on Wednesday amid thin trading and easing concerns over supply disruptions in the Red Sea.

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 $737-$7 $734.50 Varo, Trafigu
Barges 39.50 (8KT) Shell ra
Argus
E5(fob
AR)
Ebob $733-$7 $733.75 Exxon, Total,
Barges 47 (10KT) Shell Varo
E10 Argus
(fob AR)
Jan. swap $745 $738.75
fob ARA
Premium $817 $805 Total Trafigu
Unleaded ra
(fob ARA)
<PU-10PP-
ARA>
Cargoes Jan +$1
(fob MED) (fob
Barcelo
na);
Jan +$8
(fob
Tangier
)
Cargoes $812 Gunvor Vitol
(cif NEW) (cif
Thames)
Naphtha Jan +$4 Jan +$8
(cif NEW)
<NAF-C-NW
E>

Ebob crack (per barrel) $7.07 Prev. $7.01
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ron Bousso; Editing by Emelia Sithole-Matarise)

Read more
27 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks hold onto gains amid US rate cut hopes

(Alliance News) - London's FTSE 100 index was outperforming other European stock-price measures at midday on Wednesday, boosted by gains for miners and industrials.

Read more
27 Dec 2023 11:02

Horizonte shares soar on USD20 million interim fundraise

(Alliance News) - Horizonte Minerals PLC on Wednesday celebrated securing a USD20 million package to provide liquidity, while it works towards a full funding solution.

Read more
27 Dec 2023 08:48

LONDON MARKET OPEN: FTSE 100 gains led by miners and industrials

(Alliance News) - Stock prices in London opened in the green on Wednesday, as hopes for US interest rate cuts in the new year continued to propel global equities higher.

Read more
22 Dec 2023 10:48

Abu Dhabi's IRH to invest $1.1 bln in Zambia's Mopani Copper Mines

UAE investor to take 51% stake in Mopani

*

Read more
21 Dec 2023 17:48

Europe Gasoline/Naphtha-Margins edge lower, ARA stocks fall

LONDON, Dec 21 (Reuters) - Northwest European gasoline refining margins fell by 13 cents to $7.05 a barrel on Thursday as stocks in ARA fell 6.7% during the week to Thursday, according to Dutch consultancy Insights Global.

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 $737.75 $742 Varo, Trafigu
Barges on 10KT (8KT) Shell ra,
Argus Mabanaf
E5(fob t,
AR) Gunvor
Ebob $731.25 $742 Exxon, Totsa,
Barges on 18KT (10KT) Shell Mabanaf
E10 Argus t,
(fob AR) Sahara,
Varo
Jan. swap $735.75 $748.50
fob ARA
Premium $792
Unleaded Dec.
(fob ARA) 30-Jan.
<PU-10PP- 3, $761
ARA> Jan.
1-5
Cargoes
(fob MED)
Cargoes
(cif NWE)
Naphtha 2H Dec Balmo MOP +$1
(cif NWE) +$10 Dec +$5
<NAF-C-NW
E>

Ebob crack (per barrel) $7.05 Prev. $7.18
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Robert Harvey. Editing by Jane Merriman)

Read more
21 Dec 2023 10:14

Middle East Crude-Benchmarks dip in thin trade; Rongsheng closes tenders

SINGAPORE, Dec 21 (Reuters) - Benchmark Dubai crude slipped back into a discount on Thursday amid relatively quiet trade, while Oman and Murban also softened.

Read more
19 Dec 2023 17:15

Europe Gasoline/Naphtha-Margins drop as ample supplies offset Red Sea concerns

LONDON, Dec 19 (Reuters) - Northwest European gasoline refining dropped to $7.2 a barrel on Tuesday as ample supplies in the Atlantic basin offset concerns due to tanker disruptions in the Red Sea.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob $727.50
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob $728
Barges
E10
Platts(fo
b ARA)
Ebob $729-$7 $735.50 Shell, Trafigu
Barges 44 (4KT) Varo, ra, BP,
Argus Sahara Mabanaf
E5(fob t
AR)
Ebob $728, $727 Shell, Varo,
Barges $745.50 11KT Exxon, Total
E10 Argus BP
(fob AR)
Jan. swap $742.50 $741.25
fob ARA
Premium
Unleaded
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NEW)
Naphtha Jan
(cif NEW) +$14
<NAF-C-NW
E>

Ebob crack (per barrel) $7.2 Prev. $8.6
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ron Bousso; editing by David Evans)

Read more
18 Dec 2023 17:40

Europe Gasoline/Naphtha-Margins slip as Red Sea attacks push oil higher

LONDON, Dec 18 (Reuters) - Northwest European gasoline refining slipped by about $1 to $8.6 a barrel as underlying crude prices rose 3% on mounting attacks on ships in the Red Sea.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob $727.50
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
ARA>
Ebob $728
Barges
E10
Platts(fo
b ARA)
Ebob $735.50 Varo, Trafigu
Barges (4KT) Glencor ra
Argus e
E5(fob
AR)
Ebob $727 Shell, Varo,
Barges 11KT Exxon Totsa
E10 Argus
(fob AR)
Jan. swap $741.25 $725.25
fob ARA
Premium
Unleaded
(fob ARA)
<PU-10PP-
ARA>
Cargoes
(fob MED)
Cargoes
(cif NWE)
Naphtha Jan
(cif NWE) +$14
<NAF-C-NW
E>

Ebob crack (per barrel) $8.6 Prev. $9.7
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ahmad Ghaddar; Editing by Mark Porter)

Read more
15 Dec 2023 08:53

LONDON MARKET OPEN: Stocks edge higher ahead of slew of PMIs

(Alliance News) - Stock prices in London opened slightly higher on Friday, with the Bank of England and European Central Bank going against the Federal Reserves dovish policy twist.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account