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Glencore scraps plans to ditch coal on investor pressure

Glencore (LON: GLEN) scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets from Teck Resources last year (TSX: TECK.A, TECK.B)(NYSE: TECK), as shareholders opposed the move. The Swiss miner and commodities...

BHP keen on more copper but has ‘moved on’ from Anglo American

BHP is looking for growth opportunities in the copper sector after failing to take over Anglo American earlier this year

Kristie Batten | October 30, 2024 | 4:00 am

Glencore posts lower metals output for first nine months, reiterates outlook

The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons.

Reuters | October 30, 2024 | 1:22 am

Gold price scales $2,800 amid US election uncertainty

“Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs.”

Staff Writer | October 30, 2024 | 1:12 am

World gold demand tops $100 billion as Western investors pile in

Investment flows from the West, including more high-net-worth individuals, helped offset waning appetite from Asia.

Bloomberg News | October 30, 2024 | 1:10 am

Glencore scraps plans to ditch coal on investor pressure

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BHP keen on more copper but has ‘moved on’ from Anglo American

Glencore posts lower metals output for first nine months, reiterates outlook

Gold price scales $2,800 amid US election uncertainty

World gold demand tops $100 billion as Western investors pile in