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LON100:GLEN, Apr 21, 07:03 UTC

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Social Chatter

Glencore PLC (LON100:GLEN) social chatter is higher than usual

GLEN
The real party in interest is Glencore. They are already changing the numbers. Let’s ask Glencore Chair Tony Haywar… https://t.co/IRiLVRj5ct

Yesterday


News

Diana Shipping Inc. Announces Time Charter Contract for m/v Arethusa With Glencore

GLEN

'ATHENS, Greece, April 20, 2018 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Arethusa.', 'The gross charter rate is US$12,600 per day, minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to maximum fifteen (15) months.', 'The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.', 'In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors.'

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Thursday, April 19


News

Report: Glencore to make new takeover bid for Bunge

GLEN

'Bunge (BG+0.9%) jumps as much as 2.7% in early trading as Glencore (OTCPK:GLCNF, OTCPK:GLNCY) is rumored to seek a new takeover bid for the U.S. grain trading group.', 'Traders are speculating that Glencore could soon make another play for BG "with a hefty premium rumored to be needed for the commodity giant to deliver a knockout blow amid fierce bid competition," according to The Telegraph.', "Archer Daniels Midland's (ADM+0.5%) attempt for BG has fizzled, and Glencore is now free from a standstill deal which had prevented it from making its own bid, the report notes."

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Wednesday, April 18


News

Paranapanema signs US$880mn copper supply deals with Glencore - BNamericas

GLEN

Start a free trial, to unlock the full potential of a subscription to BNamericas. Brazilian metal products manufacturer Paranapanema has signed US$880mn in copper supply deals with global commodities and trading giant Glencore, which owns ... Subscriber-Only Content. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America.

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Social Chatter

Glencore PLC (LON100:GLEN) social chatter is higher than usual

GLEN
This land swap allows Glencore/Polymet to build a copper and nickel mine on federal land—avoiding environmental pro… https://t.co/Ekmk9sgsnt

Tuesday, April 17


Social Chatter

Glencore PLC (LON100:GLEN) social chatter is higher than usual

GLEN
Senator Smith should change her position on this dubious land deal. It’s hard to see an overall benefit to anyone other than the PolyMet/Glencore financial backers (including billionaire Nat Rothschild who already left behind the huge IndoMet mining mess in Indonesia). https://t.co/SM2gT07FsW

Monday, April 16


News

Why I believe the Glencore share price is now too cheap to ignore

GLEN

Although its share price has increased by around 19% in the last year, many of its sector peers have outperformed the company despite its prospects having improved significantly in recent years. One company which seems to be unpopular among investors at the present time is Glencore(LSE: GLEN). Despite its upbeat outlook and improving performance, Glencore trades on a price-to-earnings (P/E) ratio of just 12. This suggests investors remain cautious about its future prospects even though it’s now in a strong position to deliver sustainable growth in future years. The Motley Fool UK has no position in any of the shares mentioned.

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Thursday, April 12


Social Chatter

Glencore PLC (LON100:GLEN) social chatter is higher than usual

GLEN
Vanadium Market 2018 Rising Demand, Key Trends & Advanced Technologies by Regions, Type, Application (Evraz, Atlantic & Glencore), Dynamics and Development Status and Outlook 2018 https://t.co/QK9f7VhAUT
News

Glencore Is Losing Billionaire Allies to Trump's Sanctions

GLEN DTRUMP

The US actions demonstrate the rising risk from international sanctions for companies like Glencore, which has built a global business by cutting deals with powerful people, and leaves the trader without its key men in two major markets. In just four months, Glencore chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump’s aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg Deripaska and Dan Gertler. In Russia, Glencore has other links to the Kremlin and relationships in the local oil and agriculture industries that have yet to be targeted by the US. Three decades later, Glasenberg won oil industry admiration with a bold deal to buy an R131.9 billion stake in Russia’s biggest oil company, Rosneft PJSC, in a transaction that the US reviewed for potential sanctions violations but didn’t block.

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Wednesday, April 11


News

Glencore to declare force majeure on some aluminium supply - source

GLEN

F - news) will declare force majeure on some aluminium supply, days after U.S. sanctioned major supplier Rusal (HKSE: 0486-OL. HK - news) and its boss, metals magnate Oleg Deripaska, a source familiar with the matter said. Glencore is a Rusal shareholder and one of its biggest customers. Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday.

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