Page 91 - Glencore News Today

Glencore has spent more than £3bn since 2013 on running the Koniambo project in the French territory island of New Caledonia.

Glencore moves Koniambo into ‘care and maintenance’ as it seeks buyer for its 49% stake in the New Caledonia project amid plunging prices for nickel

MARKET WRAPS Watch For: Germany ZEW Indicator of Economic Sentiment, balance of payments; France ILO unemployment; UK unemployment; trading updates from TUI, Randstad Opening Call: ...

The world’s top commodity trader will seek to sell its 49% stake in Koniambo Nickel SAS, according to a statement from KNS.

While small parcels of WICET debt have changed hands, so far there isn’t a dominant player on track to building a big exposure.

No carbon capture and storage project has ever achieved the required rates of sequestration, and worse is that they see the Basin as a dumping ground.

MARKET MOVEMENTS: --Brent crude oil is up 0.8% at $82.68 a barrel. --European benchmark gas rises 2.2% to EUR26.27 a megawatt-hour. --Gold futures are up...

China and Indonesia are set to cut nickel output as producers look to limit losses from a drawn-out slump in market prices.

The Swiss mining giant Glencore says it will halt production and divest its share in New Caledonia's Koniambo nickel operations following a significant drop in the price of the metal – a vital component…

The following London-listed shares received analyst recommendations Tuesday morning and Monday: ---------- FTSE 100 ---------- Citigroup raises GSK to buy - price target 2,100 pence ---------- DZ...