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United Kingdom

Zandi Shabalala

Glencore scraps $2.6 billion dividend after first-half loss

9:49am BST

LONDON Glencore became the first major mining company to scrap its dividend this year, saying on Thursday that the economic outlook was too uncertain because of the coronavirus pandemic and it would instead focus on cutting its debt.

African supply bottlenecks fuel cobalt price surge

05 Aug 2020

LONDON Transport delays from South Africa against a backdrop of increasingly robust Chinese demand have fuelled a price rally for cobalt hydroxide, used to make chemicals for electric vehicle batteries.

Oil trading boosts Glencore's 2020 expectations

31 Jul 2020

LONDON Glencore expects its trading arm to hit the top end of its operating income target this year, the commodities giant said on Friday, after it took advantage of oil market gyrations caused by the COVID-19 pandemic.

RPT-UPDATE 3-Coronavirus hits Anglo American's profit but recovery in sight

30 Jul 2020

LONDON, July 30 Diversified miner Anglo American on Thursday told its investors it was on track for a second-half rebound after a 39% dive in profits in the first six months when lockdowns paralysed production.

UPDATE 1-Brazil mayors say UK dam case vital in David-Goliath struggle with BHP

27 Jul 2020

LONDON, July 27 A Brazilian mayor, part of a 200,000-strong group claim against BHP over a 2015 burst dam, told an English court that suing the Anglo-Australian mining giant in Brazil would be like David fighting Goliath - without the biblical ending.

Brazil mayors say UK dam case vital in David-Goliath struggle with BHP

27 Jul 2020

LONDON A Brazilian mayor, part of a 200,000-strong group claim against miner BHP over a 2015 burst dam, has told an English court that suing the Anglo-Australian giant in Brazil would be like David fighting Goliath - without the biblical ending.

Brazil mayors say UK dam case vital in David-Goliath struggle with BHP

27 Jul 2020

LONDON A Brazilian mayor, part of a 200,000-strong group claim against miner BHP over a 2015 burst dam, has told an English court that suing the Anglo-Australian giant in Brazil would be like David fighting Goliath - without the biblical ending.

BHP labels $6.3 billion UK case over Brazil dam failure pointless

22 Jul 2020

LONDON Anglo-Australian miner BHP dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian people and groups over the 2015 collapse of a dam that triggered Brazil's worst environmental disaster.

BHP labels English lawsuit over Brazil dam failure pointless, wasteful

22 Jul 2020

LONDON Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian people and groups over the 2015 collapse of a dam that led to Brazil's worst environmental disaster.

BHP labels English lawsuit over Brazil dam failure pointless, wasteful

22 Jul 2020

LONDON, July 22 Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian people and groups over the 2015 collapse of a dam that led to Brazil's worst environmental disaster.

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