Lusaka, Zambia (Reuters) – Glencore’s Zambian unit has laid off 4,300 workers, union and company sources said on Tuesday, as the mining and trading company deepens cuts in copper output to support flagging prices.
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26Nov/15
Tag Archives: Glencore PLC
28Sep/15
Glencore slumps 25 pct as debt fears grow
Shares in commodity giant Glencore plunged 25% after analysts fear lower metal prices.
07Sep/15
Glencore to suspend dividend, sell new shares to cut debt
Mining and commodities trading firm Glencore announces it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims to cut its debt by a third to $20 billion by the end of next year.
20Mar/15
Peruvian mayor of town near giant copper project assassinated
The mayor of a Peruvian town near a controversial multi-billion dollar mining project assassinated in an apparent ambush.