According to DOJ filings, Glencore traders referred to bribes in code as "newspapers," "journals" and "pages." For example, when a trader requested $90,000 to grease the palms of ...
Glencore and its forerunner have been accused of sanctions-busting in Saddam Hussein's Iraq, apartheid South Africa and Iran. In 2004, it was cited by the CIA as having paid $3.2m in illegal ...
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Baar, Switzerland21 April 2023. Glencore Chief Executive Officer, Gary Nagle: "First quarter production was broadly in line with our expectations, accounting for portfolio changes and operational conditions, including the disposals / closures of some zinc and lead mines in the Americas during 2022. Full year production guidance is unchanged ...
86.44%. Free cash flow. Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments. 1.70B. -65.81%. Get the latest Glencore PLC (GLEN) real-time ...
Glencore is targeting a 50 per cent reduction in its total emissions by 2035, mainly by running down its coal mines, a strategy that won support from its investors and groups such as Climate ...
Key points: Glencore says it will withdraw from its Valeria coal project in central Queensland. The mining company cited increased global uncertainty and its net zero total emissions by 2050 goal ...
Glencore, the acquisitive miner and commodity trader led by Ivan Glasenberg, has announced another deal, joining forces with a black economic empowerment group …
Glencore is one of the world's largest natural resource companies and first invested in Burkina Faso in 2010. Glencore's investment provided for i) funding for both the construction and production phases as well as ii) technical, operational and managerial support to Nantou Mining (operating entity) in order to ensure the viability of the mine.
NANTOU MINING BURKINA FASO SA Company Profile | Ouagadougou, Burkina Faso | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. Get the latest business insights from Dun & Bradstreet.
Between approximately 2007 and 2018, Glencore and its subsidiaries caused approximately $79.6 million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and …
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Major coal miner Glencore has been lobbying for legislation to be changed to prevent legal challenges to a controversial carbon capture and storage project in the Great Artesian Basin.
Trevali Mining Corporation (OTCPK:TREV.F) and Trevali Holdings Ltd. acquired GLCR Limited and 90% stake in Nantou Mining Burkina Faso SA from …
First published on Tue 21 Jun 2022 09.06 EDT. A subsidiary of the commodity trader Glencore has pleaded guilty in a London court to seven counts of bribery related to its oil operations in several ...
Glencore has set aside $1.5bn to pay the fines for its bribery convictions in the US, UK and Brazil. Similar investigations into misconduct are still under way in Switzerland and the Netherlands ...
Available committed liquidity of $12.9 billion; bond maturities maintained around a cap of $3 billion in any given year. In June 2023, Glencore agreed to dispose of its interest in Viterra in a cash and shares transaction with Bunge. For its 50% stake, Glencore will receive $1.0 billion in cash and c.$3.1 billion in Bunge stock (basis Bunge's ...
Industrial EBITDA increased by $10.2 billion to $27.3 billion, benefitting primarily from record prices for our key coal benchmarks, amplified by the incremental contribution from the two-thirds of Cerrejón, acquired in January 2022, that Glencore did not previously own. "Aligned with the record Adjusted EBITDA results, particularly in ...
Glencore. High energy prices in 2022 powered the Swiss energy and commodity-trading company to its best year ever, with revenues of $256 billion. Its profits of $17.3 billion represented a 248% ...
Glencore expects to shut down 12 coal mines over the next 12 years even as the world's largest mining company enjoys bumper profits because of high coal prices. The Switzerland-based mining and ...
Glencore to acquire Pan American's 56.25% stake in MARA Project, becoming its sole owner. Read more. 21/07/2023. Half-Year Production Report 2023. …
16 March 2022. Glencore plc ("Glencore" or the "Company") has today: published its Annual Report for the year ended 31 December 2021 ("Annual Report") on its website as required by DTR 4.1.3 R and 6.3.5 R; and. submitted a copy of the Annual Report to the Financial Conduct Authority's (FCA) National Storage ...
En réaction à l'article d'investigation « Exploitation au Burkina Faso : comment Glencore exporte du Burkina à la fois du zinc et ses bénéfices » de nos confrères Yacouba Ladji Bama et Will Fitzgibbon paru dans Le Monde et repris sur Lefaso, Glencore apporte l'éclairage suivant. Lecture.
In Brazil on Tuesday, prosecutors said Glencore will pay $29.6 million directly to state-run oil company Petrobras in compensation for defrauding the company and roughly $10 million to authorities ...
Increasing demand for copper is putting pressure on finite global stockpiles. (ABC Rural: Babs McHugh) Copper prices jumped 130 per cent last year, and its price per pound reached an all-new high ...
9 de noviembre, 2017 - 13h51 Los detalles de los registros de Glencore filtrados a través de los Paradise Papers (Papeles del Paraíso) revelan una historia de contrastes.
Last modified on Wed 15 Feb 2023 06.23 EST. Glencore will give almost £6bn to shareholders after the mining and commodities company reported record pre-tax profits of more than £28bn in 2022 ...
