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Review: Inside commodity traders' "Secret Club"
While accepting that increased consumption of stuff like grain, iron ore and energy in the developing world, and concerns about limited supplies, contributed to skyrocketing commodities prices, Kelly argues that speculative bets played a significant ...
Colombia's Cerrejon coal mine partially closed due to dust
"In August we'll look again at weather conditions and what possibility there is to resume operations in all of the mine," the statement said.
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MMG Shareholders Approve Las Bambas Purchase, Ivan Glasenberg's ...
Today the shareholders of Australian based, Hong Kong listed, Chinese controlled mining company MMG Limited voted unanimously in favor of a deal for a consortium of Chinese companies led by MMG to buy the Las Bambas copper project in Peru from Glencore ...
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What now for BHP Billiton Limited's Nickel West business?
What: In what would be considered a blow for BHP Billiton Limited (ASX: BHP), commodities trading house Glencore Xstrata has withdrawn itself from the race to acquire the miner's Nickel West assets. Glencore had been considered one of the favourites to ...
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Miners Face Pain as China's Coal Appetite Falls
Before its merger with trading firm Glencore, miner Xstrata PLC spent roughly US$1 billion to take control of the mine by acquiring owner Resource Pacific Holdings Ltd. in 2008. The industry has also sold assets and halted other development. Glencore's ...
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Noble and EIG Launch Energy-Buying Venture
The joint venture, Harbour Energy Ltd., is part of a larger effort by Noble to focus on its trading business while relying on partners to handle production of physical commodities.
Trader Noble strikes second private equity investment fund deal  Reuters Africa
Noble Group Forms Energy Venture With EIG to Find Global Assets  Bloomberg
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Glencore PLC Price Target Raised to GBX 300 at Goldman Sachs (GLEN)
Also, Goldman Sachs initiated coverage on shares of Check Point Software Technologies Ltd.. They issued a neutral rating on that ... Glencore PLC, formerly Glencore Xstrata Plc, is a diversified natural resource company. The Company operates in three ...
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Colombia sees record coal Output in 2014
Output has surged as miners including Glencore Xstrata Plc, Drummond Company and BHP Billiton Limited cut the number of work days lost to strikes.
PanAust takeover still uncertain
PanAust Limited (ASX:PNA) says it has not received an acceptable takeover offer from its largest shareholder Guangdong Rising Assets Management.
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