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Glencore PLC (GLNJ.J)

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Fri, Jun 15 2018

UPDATE 2-Glencore settles with Gertler over Congo royalties

* Glencore says has discussed settlement with U.S., Swiss agencies (Adds reaction, detail)

Glencore settles with Gertler over Congo royalties

LONDON Glencore has settled a mining dispute in Democratic Republic of Congo with two companies associated with Israeli billionaire Dan Gertler by agreeing to pay royalties in a currency other than U.S. dollars, the company said on Friday.

BRIEF-Glencore Says Katangas Settlement Agreement With Gécamines Fulfilled

* CONFIRMS THAT CONDITION PRECEDENT TO SETTLEMENT AGREEMENT WITH GECAMINES HAS NOW BEEN FULFILLED

BRIEF-Glencore Says Looks Forward To Supporting KCC's Closer Partnership With Gécamines

* LOOKS FORWARD TO SUPPORTING KCC'S CLOSER PARTNERSHIP WITH GÉCAMINES AS PARTIES WORK TOGETHER

Glencore unit Katanga settles DRC Congo dispute, shares surge

Democratic Republic of Congo state miner Gécamines will drop legal proceedings to dissolve a copper and cobalt joint venture with a subsidiary of Glencore Plc after reaching a settlement with its partner that includes Gécamines getting a $150 million (£112.1 million) payment.

Glencore unit Katanga settles DRC Congo dispute, shares surge

June 12 Democratic Republic of Congo state miner Gécamines will drop legal proceedings to dissolve a copper and cobalt joint venture with a subsidiary of Glencore Plc after reaching a settlement with its partner that includes Gécamines getting a $150 million payment.

Glencore faces additional legal challenge over Congo mine

DAKAR A Congolese-American businessman is seeking more than $1 billion (£745.5 million) in a Congo court from two Glencore executives and their ex-partner in a copper and cobalt mine, saying they defrauded him when he relinquished his shares, a court document showed.

Glencore faces additional legal challenge over Congo mine

DAKAR, June 8 A Congolese-American businessman is seeking more than $1 billion in a Congo court from two Glencore executives and their ex-partner in a copper and cobalt mine, saying they defrauded him when he relinquished his shares, a court document showed.

Congo Supreme Court rejects Glencore bid to move dissolution case

DAKAR Congo's Supreme Court has rejected claims by a Glencore unit that a commercial court is not competent to hear a petition to dissolve it brought by state miner Gecamines, a Gecamines lawyer said on Friday.

Congo Supreme Court rejects Glencore bid to move dissolution case

DAKAR, June 1 Congo's Supreme Court has rejected claims by a Glencore unit that a commercial court is not competent to hear a petition to dissolve it brought by state miner Gecamines, a Gecamines lawyer said on Friday.

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