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Glencore

No image available
Article
/ 6 September 2011

Glencore raises Optimum stake to 23.9%

Glencore, the world’s largest commodity trader, has said that it had almost doubled its stake in South African takeover target Optimum Coal to 23.9%.

By Staff Reporter
No image available
Article
/ 26 August 2011

Optimum Coal confirms bid interests

Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties after rumours Glencore was eyeing the miner.

By Staff Reporter
Different faces, same old tricks
Article
/ 13 May 2011

Different faces, same old tricks

It’s no surprise Glencore has been so quiet about its holdings. A look at its chequered past and its founder shows a company riddled with controversy.

By Ilham Rawoot
No image available
Article
/ 13 May 2011

World’s largest company that you know nothing about

As Glencore heads for a public listing it has had to declare its interests — but few believe that it will ever fully transcend its secretive nature.

By Kevin Davie
No image available
Article
/ 4 May 2011

Glencore pricing values firm at about $61-billion

Commodities giant Glencore International said on Wednesday that its partial share float later this month could value the company at $61-billion.

By Staff Reporter
No image available
Article
/ 4 May 2011

Glencore allegedly dodges taxes

Commodities trader Glencore International is allegedly using dubious tax practices at its Zambian operations, media reports say.

By Staff Reporter
No image available
Article
/ 29 April 2011

Glencore wins Namibia fuel supply court case

A Namibian high court ruled in favour of a contract held by commodities trader Glencore to import half of the African country’s fuel.

By Staff Reporter
Miner accused of tax fraud
Article
/ 29 April 2011

Miner accused of tax fraud

Accusations of inflated costs at a Zambian mine have been made against Glencore.

By John Grobler
Piercing Glencore’s veil of secrecy
Article
/ 4 March 2011

Piercing Glencore’s veil of secrecy

An imminent flotation will shine the spotlight on commodities giant.

By Terry Macalister
No image available
Article
/ 11 March 2009

Zambia asks Glencore to surrender two copper mines

Zambia has asked Glencore International AG to surrender to the government two mining units it plans to temporarily shut down.

By Shapi Shacinda
No image available
Article
/ 22 January 2008

Chinese sniff around Xstrata but unlikely to bite

China’s state-backed miners have looked at Xstrata but are unlikely to bid for it, leaving Brazil’s Vale or Anglo-American best placed to snap up the Anglo-Swiss miner. Vale, which produces a fifth of the world’s iron ore, said on Monday that it was in talks with Xstrata about a takeover.

By Tom Miles
No image available
Article
/ 3 May 2005

The ANC’s Oilgate

A M&G investigation into covert party funding has revealed how R11-million of public money was diverted to ANC coffers ahead of the 2004 elections.

By Staff Reporter
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