Pre-market trading started yesterday (19-05-11), but full market trading to start next week, Tuesday as it now stands (could change). 530p the float price.

Chart to come when I get it, and any other updates/corrections that I happen to spot.

StockMarketWire.com
Shares of miner and commodities trader Glencore fell sharply Tuesday after the company received an subpoena from the US Department of Justice to hand over documents and records related to its activities in Nigeria, the Democratic Republic of Congo and Venezuela dating as far back as 2007.

That's been coming for a long time. Particularly wrt the shenanigans in the DRC. It may be considered to be the only way to do business in those places but it actually isn't. The corrupt often admire those with principles.

StockMarketWire.com
Miner and commodities trader Glencore said Thursday it had launched its share buyback programme of up to $1bn.

The miner and commodities trader said that it would purchase £350m worth of shares in the first part of the buyback programme, which gets underway on Thursday, and is expected to end by close of dealings on 7 August 2018.

StockMarketWire.com
Miner and commodities trader Glencore said Thursday it had launched its share buyback programme of up to $1bn.

The miner and commodities trader said that it would purchase £350m worth of shares in the first part of the buyback programme, which gets underway on Thursday, and is expected to end by close of dealings on 7 August 2018.

Barclays Capital today reaffirms its overweight investment rating on Glencore PLC (LON:GLEN) and cut its price target to 400p (from 450p).

StockMarketWire.com
Glencore said Wednesday first-half profit rose 13% supported by a favourable trading and commodity price environment.

For the six months to 30 June, net income rose 13% to $2.8bn, underlying earnings rose 12% to $0.19 a share and adjusted earnings (EBITDA) rose 23% to $8.27bn.

Strong performances from metals and minerals and energy products segments, which rose 17% and 23%, respectively, supported the rise in profits.

The miner reported capital expenditure of $2.17bn, compared with $1.68bn spent in the first half of 2017.

Glencore said the second instalment of the 2018 distribution of $1.4bn would be paid in September.

Net debt was reduced 16% to $9bn from $13.9bn.

'The strength of our diversified business model and commodity mix is once again demonstrated with a 13% increase in net income and a 23% increase in Adjusted EBITDA to $8.3 billion,' said Glencore's Chief Executive Officer, Ivan Glasenberg.

'Against a volatile but favourable trading and commodity price environment, Marketing performed towards the upper end of its guidance range with a 12% increase in Adjusted EBIT to $1.5 billion. Our Industrial business recorded Adjusted EBITDA of $6.7 billion, up 26%, reflecting the highly competitive cost positions of our asset base.'

JP Morgan Cazenove today downgrades its investment rating on Glencore PLC (LON:GLEN) to neutral (from overweight) and cut its price target to 370p (from 520p).

Mining conglomerate Glencore on Friday said third quarter own-sourced copper production increased 12% to 1.06m tonnes while own-sourced cobalt production was up 44% to 28,500 tonnes. Coal production rose 6% to 96.7m tonnes, reflecting the acquisition of interests in the HVO and Hail Creek mines in Australia in May and August 2018 respectively and the recovery in Australia from weather-related disruption and industrial action in 2017.