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Glencore plc: Update following the rating upgrade to A3

Our credit view of this issuer reflects its large and diverse business and conservative financial policy.

Glencore plc - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Ben Pirie
  • Ben Pirie

Mining Monthly: August Edition

What you need to know: • August was a mixed month for all metals, including the mining equities. • Gold continues to outperform other metals, up 2.3% on the month and up a staggering 29% over the last year. Mining equities performed in line with broader markets, following significant outperformance in July, read our July report here. • Battery metals suffered again this month, and the waiting game continues. • M&A was slow in August but we expect things to ramp up as we enter the fall given the...

 PRESS RELEASE

Foran Announces Upsize to Previously Announced Private Placements to C...

Foran Announces Upsize to Previously Announced Private Placements to C$360M NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are in Canadian dollars unless stated otherwise VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce that in connection with the proposed brokered private placement announced on July 15, 2024, the Company has entered into an amending agreement with Eight Capital, as co-lead agent and joint bookrunner with BM...

 PRESS RELEASE

Foran Announces Strategic Investments by Fairfax Financial, Agnico Eag...

Foran Announces Strategic Investments by Fairfax Financial, Agnico Eagle and other Cornerstone Investors, Formal Construction Decision for Phase 1 at McIlvenna Bay and Advances Planning for Phase 2 Strategic Investment by Cornerstone Investors supports McIlvenna Bay’s Development and Future Upside Opportunities Project Finance Credit Facility to be Expanded to US$250 Million Board of Directors Formally Approves Construction, led by G Mining Services, with Commercial Production Expected in H1 2026 Initial Tesla Exploration Target of 28-45Mt at 2.2-3.2% CuEq Highlig...

Glencore: 2 directors

Two Directors at Glencore bought/maiden bought 35,000 shares at between 481p and 486p. The significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the l...

 PRESS RELEASE

Sulzer Acquires Minority Share in Wealth Minerals Ltd.

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth"), announces that Sulzer, a global technology leader focusing on energy security and transition, natural resource processing and the chemical process industries, has acquired a single-digit minority share in Wealth Minerals Ltd., a developer of premier "green minerals" projects based in Vancouver BC, Canada. The official announcement was made on May 15, 2024, in Winterthur, Switzerland, and Vancouver, Canada.Investing in Wealth Miner...

Glencore plc - December 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Glencore plc: Key facts and statistics - LTM June 2023

A summary company profile, detailing Glencore's business operations and financial highlights.

 PRESS RELEASE

Foran Announces Size of Previously Announced Brokered Private Placemen...

Foran Announces Size of Previously Announced Brokered Private Placement of C$200 Million /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce that in connection with the previously announced private placement on November 27, 2023 (the “Offering”), the Company together with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lea...

 PRESS RELEASE

Foran Announces C$200 Million Brokered Private Placement

Foran Announces C$200 Million Brokered Private Placement /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce that it has entered into an agreement with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents (together the “Agents”) pursuant to which the Company has launched a propose...

Glencore plc: Update to analysis - Acquisition adds to cash flow gener...

Our credit view reflects its scale and conservative financial policy, incl. historically low net debt, against its mixed although improving governance track record and thermal coal exposure.

Glencore plc: Update to analysis - metrics remain strong while Teck pr...

Our view reflects historically low net debt, a comprehensive and conservative financial policy, but also high thermal coal exposure and need to continue to build its governance track record.

Glencore plc - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Sid Rajeev
  • Sid Rajeev

Denarius Metals Corp. (TSXV: DSLV / OTCQX: DNRSF) – Anticipating a Ser...

Fundamental Research Corp has issued a report entitled “Anticipating a Series of Catalysts – Resuming Coverage” and dated September 7, 2023. The full report is now at

Glencore plc - December 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Glencore plc: Update to analysis

Our credit view reflects a conservative financial policy, its large and diversified operations, but also exposure to thermal coal, governance considerations and additional trading risks.

Glencore plc: Proposed merger with Canadian miner Teck would transform...

Deal is highly uncertain after Teck's rejection but would create the world's third-largest copper producer by volume if it went ahead.

 PRESS RELEASE

Foran Announces Upsize to Previously Announced Brokered Private Placem...

Foran Announces Upsize to Previously Announced Brokered Private Placement to C$100 Million /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company") is pleased to announce that in connection with the proposed private placement (the “Offering”) announced on March 13, 2023 and March 14, 2023, the Company has entered into an amending agreement with Eight Capital, Goldman Sachs Canada Inc., and PI Financial Corp., as co-lead age...

 PRESS RELEASE

Foran Announces Co-Lead Agent Addition to Proposed Private Placement

Foran Announces Co-Lead Agent Addition to Proposed Private Placement /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, March 14, 2023 (GLOBE NEWSWIRE) -- Foran Mining Corp. (TSXV: FOM) (OTCQX: FMCXF) (“Foran” or the “Company") is pleased to announce Goldman Sachs Canada Inc. (“Goldman Sachs”) has been added as a co-lead agent and joint bookrunner to the Company’s recently announced proposed private placement (the "Offering") for aggregate gross proceeds of up to C$75,000,540 (see March 13, 2023 press release). Goldman Sach...

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