Reuters reported that Rosneft is talking to oil majors and traders, including Shell, Total and Glencore, to raise up to USD 10 billion using future oil exports as collateral to complete its purchase of TNK-BP and become the world's biggest ...
Tags: oil majors and traders, future oil exports, oil producer, trade finance
Kazakhstan's refined copper and gold output rose in January to November 2012, while production of alumina, zinc and steel fell compared with the same period last year. Production of refined copper rose by 7.9% YoY to 332,620 tonnes in the ...
Tags: Copper Output, Gold Output, production of alumina, Kazakhstan
Swiss commodities trader Glencore International has announced that it has received approval from the Canadian government for C$6.1bn ($6.01bn) acquisition of grain handler Viterra. Glencore, which has been in discussion with the ...
Tags: Glencore International, acquisition, grain, Viterra
Employees at mines in Zambia, Africa's biggest copper producer, are demanding pay rises of as much as 50% next year. Mr Chishimba Nkole president of Mineworkers Union of Zambia said that talks with companies began last month and were set ...
The Association of British Insurers slammed mining group Xstrata's plans to reimburse key managers' big retention packages to ensure sustainability after its proposed merger with rival Glencore. The influential shareholder body condemned ...
Cotton Council International (CCI) and Cotton Incorporated, in cooperation with USDA, jointly presented the seventh biennial Sourcing USA Summit in Rancho Palos Verdes, California. The event, held on November 12-16, attracted 400 delegates ...
Tags: CCI, Sourcing USA Summit, cotton, textile, raw cotton fiber
Bloomberg reported that employees at mines in Zambia,Africa's biggest copper producer are demanding pay increases of as much as 50%for 2013. Mr Chishimba Nkole president of mineworkers Union of Zambia President said that talks with ...
Tags: copper mine, wages, Zambia, Mopani copper mine
Swiss commodities trader Glencore International has announced that it has received approval from the Canadian government for C$6.1bn($6.01bn)acquisition of grain handler Viterra. Glencore,which has been in discussion with the ...
Tags: grain handler Viterra, acquisition, capital expenditures
Glencore International Plc, the largest publicly traded commodities company, reported record third-quarter output of thermal coal and a 33 percent jump in copper, saying it has the funds to spur further expansion. Coal used in power ...
Tags: market view, Coal