But the resourceful CEO has been hailed for paring debt and cutting Glencore spending.
The resources giant is selling debt down under for the first time following indications that it is looking to buy more Australian assets.
The world's biggest mining company has announced a demerger, while Glencore has been buying up its own shares.
The commodity trading giant has appointed the former Canadian mining executive to its board.
The commodities giant plans to cut a fifth of its workforce at a zinc mine in Namibia has been referred to the labour court.
Mining giant heads to South African stock exchange for R700-billion listing.
The company stands firm that dismissed workers will not be reinstated unless they reapply for their jobs, but Amcu says its members won't play ball.
An alleged assault on an AMCU member has sparked unrest and led to the dismissal of 200 workers.
Eskom's sudden withdrawal of an objection to Glencore's merger with Xstrata, since coming to an agreement with the company, has puzzled observers.
The Competition Tribunal has given the green light to the proposed takeover of global miner Xstrata by commodities trader Glencore.
Eskom has withdrawn its intervention in the multi-billion dollar merger between resource companies Glencore and Xstrata.
Unions and management at Glencore's Zambian copper mine have agreed on a 10% wage hike for 2013, a union official said on Friday.
A hearing by SA's competition tribunal on commodities trader Glencore's takeover of miner Xstrata has been postponed until next month, the court said.
Neighbours of Glencore boss Ivan Glasenberg feel uneasy about the bounty they have received.
The mooted merger between commodities trader Glencore and mining company Xstrata is likely to face few regulatory hurdles in South Africa.
But the to and fro unsettles potential investors in the mining and commodity giant.
Commodities trader Glencore has laid out what it says is a final $36-billion takeover offer for Xstrata, warning it would not improve the terms again.
Commodity trader Glencore has raised its offer for miner Xstrata to salvage a bid, now worth about $37-billion.
The blockbuster merger commodity giants Glencore and Xstrata is in jeopardy as key shareholder Qatar threatens to block the union in a vote on Friday.