GLCNF - Glencore Plc

Other OTC - Other OTC Delayed Price. Currency in USD
4.01
-0.00 (-0.05%)
At close: 1:59PM EDT
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Previous Close4.01
Open4.09
Bid0.00 x 0
Ask0.00 x 0
Day's Range4.01 - 4.09
52 Week Range3.70 - 5.91
Volume5,676
Avg. Volume182,040
Market Cap56.053B
Beta (3Y Monthly)1.58
PE Ratio (TTM)9.55
EPS (TTM)0.42
Earnings DateN/A
Forward Dividend & Yield0.20 (4.83%)
Ex-Dividend Date2018-09-06
1y Target EstN/A
Trade prices are not sourced from all markets
  • Glencore chair Tony Hayward latest to drop out of Saudi conference
    Reuters3 days ago

    Glencore chair Tony Hayward latest to drop out of Saudi conference

    (Reuters) - Glencore Plc said its chairman Tony Hayward will no longer be attending the Future Investment Initiative conference in Saudi Arabia, confirming a report in the Financial Times. He is the latest ...

  • Glencore to cut jobs at Australia's Hail Creek coal mine
    Reuters5 days ago

    Glencore to cut jobs at Australia's Hail Creek coal mine

    The mine's workforce will be reduced to 930 from 1360, said Glencore, which bought the mine from Rio Tinto (RIO.AX) (RIO.L) in March. The miner, which began operational management of Hail Creek from Aug. 1, said it would introduce a seven days on, seven days off roster system, meaning that employees at the mine would work 7 days and take the next 7 days off. The company also said it would reconfigure the mining methods it uses at Hail Creek and expects the process to be phased in over the next 18 months, with majority of the changes expected to be in place by the second quarter of 2019.

  • The Real Cash Cow in Mining Isn’t Metals. It’s Bad Old Coal
    Bloomberg10 days ago

    The Real Cash Cow in Mining Isn’t Metals. It’s Bad Old Coal

    Base metals from copper to zinc have tumbled this year, caught up as a proxy for trade fears and emerging market jitters. Meanwhile, coal has ground steadily upwards, supported by strong demand from top commodities user China, and is trading near the highest in more than six years. Glencore Plc is in touching distance of seeing its coal mining profits eclipse copper earnings this year for the first time since it sold shares in London in 2011.

  • Is the Reign of Glencore’s Billionaire Copper King Near Its End?
    Bloomberg11 days ago

    Is the Reign of Glencore’s Billionaire Copper King Near Its End?

    For nearly 20 years, the brash, hyperactive Greek known to everyone simply as “Telis” has ruled over the global copper market, buying and selling enough of the red metal to supply every factory in the U.S. twice over. Today, the man who built Glencore’s reputation in copper is facing tough questions about how he did it. Mistakidis, who until recently ran both copper trading and mining, is under intense pressure after a string of investigations, problems and legal headaches.

  • Bloomberg15 days ago

    Vitol, Trafigura to Bid for Coal Mines Once Owned by Guptas

    The interest from two of the biggest commodities trading houses underscores the strategic value of Optimum’s annual entitlement to ship 8 million tons of coal through Africa’s largest export terminal for the fuel. While South Africa is well-positioned for exports to India and China, shipments are constrained by limited port capacity.

  • The Metal That Started Trump’s Trade War
    Bloomberg23 days ago

    The Metal That Started Trump’s Trade War

    Working at the Century Aluminum Co. smelter in Hawesville, Ky., can be like having a job in an oven. The interior temperature hovers around 140F, which isn’t necessarily hotter than, say, your typical steel mill. What’s especially hellish about an aluminum smelter is how close you have to stand to bubbling vats of molten, electrified metal. Over a 12-hour shift they’ll lose several pounds of water weight as they peer over cauldrons, occasionally stirring 1,700-degree liquid aluminum with long metal rods.

  • The Wall Street Journal25 days ago

    [$$] European Corporate Roundup

    Sweeping job cuts by pharmaceutical giant Novartis and an upbeat trading statement by retailer Next are the corporate highlights in Europe Tuesday.

  • Reuters25 days ago

    Glencore launches $1 billion additional share buyback

    Commodities trader and miner Glencore said on Tuesday it would repurchase more of its shares worth up to $1 billion, increasing the size of an existing buyback programme that followed a subpoena from U.S. authorities. Glencore said in July it would buy back shares worth up to $1 billion in a programme of purchases running to the end of 2018. The London-listed miner, with a market capitalisation of $61 billion, announced plans to repurchase shares after the U.S. government investigation into bribery and corruption sent the stock down more than 15 percent since the start 2018.

  • Glencore to Increase Share Buyback Program by Up to $1 Billion
    Bloomberg25 days ago

    Glencore to Increase Share Buyback Program by Up to $1 Billion

    Glencore Plc will increase its share buyback program by as much as $1 billion, adding to a growing list of moves by the world’s biggest miners this year to return more money to investors. Glencore’s announcement comes less than a week after No. 2 miner Rio Tinto Group announced a $3.2 billion share buyback following an asset-sale spree. BHP Billiton Ltd. in August paid out a record dividend and pledged to hand shareholders most of the $11 billion reaped in sales of its U.S. shale assets.

  • The Wall Street Journallast month

    [$$] Shell and Glencore Could Be Winners From Chinese Tariffs

    China and the U.S. may not yet be in an all-out trade war, but the trenches are getting wide and deep. On Monday, President Trump announced new tariffs on $200 billion of Chinese imports. Late Tuesday, China fired back to the tune of $60 billion.

  • The Wall Street Journallast month

    [$$] Fans of Coal Are Reaping the Rewards

    Global mining companies that bet on coal are enjoying the best prices in years—a sign there is money to be made from the industry even as an energy transition to gas and renewables takes place. Glencore PLC has used rising sentiment against coal to expand its position in the market, scooping up unwanted assets. High demand from Asia helped thermal coal prices delivered from Newcastle, Australia, the world’s largest coal-export port, more than double since it bottomed in early 2016 to about $110 a metric ton.

  • Glencore, China Moly Face Higher Cobalt Royalty Taxes in Congo
    Bloomberglast month

    Glencore, China Moly Face Higher Cobalt Royalty Taxes in Congo

    The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers including Glencore Plc and China Molybdenum Co. The measure will increase costs for miners even further after an overhaul of regulations earlier this year raised royalty payments on cobalt, copper and gold, and introduced new taxes. Congo, the world’s biggest cobalt producer and also one of the poorest nations, is seeking to derive more income from natural resources that account for almost all of its export earnings and about a quarter of government revenue.

  • Reuterslast month

    Chilean lawmakers study extra tax for copper, lithium mines

    Chile's congress is studying a proposal for an additional royalty payment for copper and lithium miners operating in the country to bolster the development of the regions around their deposits, according to a draft seen by Reuters. The initiative, which was put forward by opposition legislators from mining areas and does not have government backing, proposes a 3 percent tax on the nominal value of extracted metals and would apply to copper miners producing more than 12,000 tonnes of copper a year and 50,000 tonnes of lithium. It was sent on Thursday evening to the mines and energy committee of the country's house of representatives, but support for it remains in question since it was put forward by lawmakers from a number of small parties pushing for Chile's decentralization.

  • Bloomberglast month

    Congo Mines Minister Sees Strategic-Metals Decision ‘Very Soon’

    The Democratic Republic of Congo’s government will soon announce which minerals are to be designated “strategic” and subject to a 10 percent royalty rate, the mines minister said. Congo’s updated mining code, signed by President Joseph Kabila in March and applied since regulations were finalized in June, introduced new taxes and hiked royalties on all metals -- including raising copper and cobalt to 3.5 percent from 2 percent and gold to 3.5 percent from 2.5 percent. “A decree from the prime minister will be able to do it very soon,” Minister Martin Kabwelulu said by email on Friday.

  • Reuterslast month

    Collahuasi copper mine in Chile to raise output 4 pct this year -VP

    The copper mine Collahuasi in Chile is expected to produce 545,000 tonnes of copper this year, 4 percent more than in 2017, its vice president of operations, Francisco Carvajal, told journalists on the sidelines of an event in Peru on Thursday. Collahuasi, owned by Anglo American Plc and Glencore Plc, is located in northern Chile and is among the world's largest copper mines.

  • Reuterslast month

    S.Africa's Competition Tribunal approves Glencore's bid for Chevron assets

    South Africa's Competition Tribunal on Thursday conditionally approved Glencore's proposed $973 million acquisition of Chevron Corp’s subsidiary in the country, all but scuppering a rival bid from China's Sinopec. Chevron agreed last year to sell its 75 percent stake to state-owned Sinopec, before miner and commodities trader Glencore swooped in after reaching a deal with minority shareholders, who backed it and exercised preemptive rights on the sale.

  • GlobeNewswirelast month

    SHAREHOLDER ALERT: TSLA CBS LOGM GLCNF GLNCY NLSN MD FPI RMTI CRON: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, Sept. 07, 2018-- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have until the lead ...

  • ACCESSWIRElast month

    FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Glencore plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / September 7, 2018 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Glencore plc ("Glencore" ...

  • Business Wirelast month

    DEADLINE TODAY: Rosen Law Firm Reminds Glencore plc Investors of Important Deadline in First Filed Case

    Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Glencore plc (OTCMKTS: GLCNF, GLNCY) from September 30, 2016 through July 2, 2018 (the “Class Period”) of today’s important lead plaintiff deadline in the first filed case commenced by the Rosen Law Firm. The lawsuit seeks to recover damages for Glencore investors under the federal securities laws. To join the Glencore class action, go to http://www.rosenlegal.com/cases-1373.html or call Phillip Kim, Esq.

  • ACCESSWIRElast month

    FINAL DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Glencore PLC (GLNCY, GLCNF) & Lead Plaintiff Deadline September 7, 2018

    NEW YORK, NY / ACCESSWIRE / September 7, 2018 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Glencore PLC ("Glencore" or the "Company") ...

  • GlobeNewswirelast month

    September 7th Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit Against Glencore Plc

    National securities litigation law firm Glancy Prongay & Murray LLP (“GPM”) reminds investors of the September 7, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Glencore Plc (“Glencore” or the “Company”) (OTC: GLCNF, GLNCY) securities between September 30, 2016 through July 2, 2018, inclusive (the “Class Period”). Glencore investors have until September 7, 2018 to file a lead plaintiff motion.