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Xstrata Ltd news

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Ex-Glencore oil trader loses 'wrongful dismissal' claim for heavy night out
"In those circumstances, this is about as abnormal a case of this type that one could imagine. There was no conceivable justification for any claim being made at any point.
Ex-Glencore Oil Trader Fired for Drinking Loses Lawsuit  Bloomberg
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Glencore chief counts benefits of Xstrata deal
The merger had to be reworked, as a takeover, which saw Mr Glasenberg seize control of the company and an early exit for Xstrata chief Mick Davis. Unveiling results for the 12 months to December showing a net loss of $7.4bn - largely stemming from a ...
Glencore starts to deliver after dust settles  Financial Times
Glencore Sees No Roadblock in $5 Billion Mine-Sale Talks  Bloomberg
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Glencore puts Chilean hydropower project up for sale
Glencore has put its Chilean hydropower joint venture up for sale, according to a person familiar with the business, as the mining and commodities house moves to sell another asset to lighten its debt load.
Glencore, Origin put Chile hydropower business up for sale  Reuters
Glencore cotton deal comes unstitched
Glencore did not deliver the exchange-certified cotton because it was unable to get it graded before the contract deadline, people familiar with the matter said.
How Glencore dug itself out of a hole
“We were horrified. We didn't expect it at all,” says Jeremy Wrathall, analyst at Investec. He is looking back 12 months, to September 28, 2015, when his team published a note that resulted in a 30pc plunge in the share price of Glencore, the mining ...
Glencore paid $100m to Dan Gertler in Congo deals
Filings by Toronto-listed Glencore subsidiary Katanga showed that in 2013 it made a royalty payment to G�camines, the DRC state-owned mining company.
Glencore reaps $7 billion from Las Bambas mine sale to China's MMG
MMG and its partners Guoxin International Investment Corp Ltd and state-owned CITIC Metal Co Ltd agreed in April to pay $5.85 billion, plus the money spent by Glencore since the beginning of 2014 on building the mine. Glencore had to sell the Las ...
Glencore Completes Sale of Peru Copper Mine to Chinese Joint Venture  International Business Times UK
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S&P cuts Glencore to brink of junk
Glencore's debt has been downgraded to one notch above junk by Standard & Poor's because of the “challenging outlook” for the mining industry and increasing uncertainty about demand from China, the world's biggest consumer of raw materials.
Glencore Credit Rating Cut to Lowest Investment Grade at S&P  Bloomberg
Glencore: how did it go so wrong, again?
The correspondence, mailed by “reputation management experts” Schillings, stated that Glencore's bosses were “extremely private individuals” and that any reports about their homes or private lives would pose a “security risk”.
Glencore share price history: A timeline of what went wrong from record ...  City A.M.
Glencore teeters on the edge as commodities rout deepens
Glencore slumps to $8bn loss
Last week, Brazil's Vale took $9.3bn of writedowns on nickel, coal and thermal coal assets. Underlying earnings at Glencore's mining operations, slumped 38 per cent to $6bn, hit hard by the impact of falling prices. This was in contrast to the ...
Glencore Posts Biggest Profit Drop Since IPO on Metals Slump  Bloomberg
Glencore learns lessons from commodities rout