Recent events
Recent events tied to this brand in public sources.
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2022
Glencore completes acquisition of Cerrejón
BNamericas reported that Glencore completed its acquisition of 100% of Colombia’s Cerrejón coal mine.
2021
Glencore agrees to sell its Bolivian zinc businesses
Glencore agreed to sell its Bolivian zinc businesses, comprising two mining companies, to Canadian company Santa Cruz Silver Mining for US$110 million. The sale is subject to regulatory approval in Canada and was due to be completed within three months.
2021
Glencore appoints Kalidas Madhavpeddi as chairperson
Glencore said it appointed Kalidas Madhavpeddi as chairperson, succeeding Tony Hayward at the end of the month.
2021
Glencore CEO Ivan Glasenberg retires and Gary Nagle succeeds him
Glencore chief executive Ivan Glasenberg retired on Tuesday after 19 years in the role, and Gary Nagle succeeded him.
2021
Glencore acquires Anglo American's Cerrejón stake
Anglo American sold its 33.3% interest in the Cerrejón joint venture in Colombia to Glencore for $294 million, completing its exit from thermal coal, according to the article.
2021
Glencore announces acquisition of Anglo American and BHP stakes in Cerrejón
Glencore announced it would pay $588 million for Anglo American's and BHP's stakes in the Cerrejón coal mine in Colombia.
2021
Glencore agrees to transfer its Mopani stake to ZCCM
Glencore said its subsidiary Carlisa Investments had signed an agreement to transfer its 90% interest in Mopani Copper Mines to ZCCM. Completion remained conditional on regulatory approvals in Zambia and approval by ZCCM shareholders and its board.
2020
Glencore names Gary Nagle as CEO successor
Glencore named coal-business head Gary Nagle to succeed CEO Ivan Glasenberg next year, when Glasenberg retires.
2020
Mining companies and municipality launch enterprise development workshops
Exxaro, Steve Tshwete local municipality and mining companies Arnot OpCo, Anglo American Coal South Africa and Glencore partnered to establish an enterprise development centre for local entrepreneurs in Mhluzi; executives attended the launch of industrial workshops on November 27.
2020
UniCredit sues Hin Leong and Glencore over oil deal
UniCredit sued Hin Leong over a letter of credit and also sued Glencore in connection with the matter. UniCredit alleged in court documents that same-day sale-and-buy-back transactions made the purchase a sham and deprived it of security over the financed goods.
2020
Glencore raises full-year 2020 EBIT guidance
Glencore said it now expects full-year 2020 EBIT to be at the top end of its $2.2–$3.2 billion guidance range, citing strong first-half performance.
2020
Glencore begins consultations over job cuts at South African chrome operations
Glencore said it had begun consultations with unions over job cuts affecting workers at several South African ferrochrome smelters and chrome mines. The number of jobs to be cut was not disclosed.
2019
Glencore cuts copper production guidance
Glencore cut its 2019 copper production guidance, including guidance for its operations in the Democratic Republic of Congo and Zambia.