Tag: Glencore
Barrick CEO Speaks Against Canadian’s Probe Into Glencore/Teck Deal
Mark Bristow, CEO of Barrick Gold Corp., expressed concern that the political rhetoric surrounding Glencore PLC's bid for Teck Resources Ltd. may have negative...
Glencore To Pay $9.9M Zinc Market Rigging Settlement
Glencore will pay US$9.85 million to resolve antitrust claims over its alleged scheme to fix the price of zinc by rigging warehouse storage queues...
US: Court revives aluminum antitrust cases vs Goldman, JPMorgan, Glencore
According to a report by Reuters, a federal appeals court revived lawsuits by aluminum purchasers that accused Goldman Sachs, JPMorgan Chase, mining company Glencore...
US: Glencore oil chief to retire after controversy
Glencore’s head of oil is to retire, the second of Ivan Glasenberg’s top lieutenants to leave the trading group as it fights to resolve...
US: Former Louis Dreyfus boss was ousted for searching for a...
The previous CEO of crop merchant Louis Dreyfus Company (LDC) was ousted after trying to start talks with Glencore Agriculture and other rivals, the...
India: Glencore business raided by regulator
According to an exclusive report form Reuters, India’s antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on...
Australia: Watchdog tells Port of Newcastle to reduce charges for Glencore
On Monday, October 8, Australia’s competition regular declared that Port of Newcastle Operations (PNO) must reduce its charges for ships entering the port to...
South Africa: Competition Tribunal approves Glencore-Chevron deal
South Africa’s Competition Tribunal on Thursday, September 13, conditionally approved Glencore’s proposed US$973 million acquisition of Chevron’s subsidiary in the country, all but scuppering...
Australia: Glencore wins port charges challenge
The Federal Court has paved the way for Australia’s competition watchdog to regulate port charges for coal exporters at Newcastle, handing commodities group Glencore...
Australia: Glencore to pay US$1.4b for coal mine stake
Swiss mining company Glencore has agreed to purchase a 49% stake in Hunter Valley coal industry for US$1.4 billion.
The deal involves Glencore buying a...