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News from Baar

Stay current with all the latest and breaking news about Baar, compare headlines and perspectives between news sources on stories happening today. In total, 2 stories have been published about Baar which Ground News has aggregated in the past 3 months.

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Copper blooms for Glencore - Australian Mining

Copper blooms for Glencore - Australian Mining

Mount Isa. Image: Chris Ison/stock.adobe.comGlencore’s copper production was 26,000 tonnes (t) higher in the second half (H2) of 2024, due to Antapaccay’s recovery from geotechnical issues in H1 and higher grades at Kamoto Copper Company (KCC). Volumes in H2 jumped up to 71,000t for zinc, reflecting increased contributions across the board including from Kazzinc in Kazakhstan, Mt Isa in Queensland and Antamina in Peru. In line with operational a…See the Story

South African billionaire gains $360 million from Glencore shares after 2024’s $1.9 billion loss

JP Morgan · South Africa

South African billionaire gains $360 million from Glencore shares after 2024’s $1.9 billion loss

Key PointsIvan Glasenberg's stake in Glencore gained $360 million in 25 days, partially recovering losses from a tough 2024 mining sector performance.Glencore's share price rose nearly 7%, boosting Glasenberg's holdings to $5.67 billion, following a $361 million increase in value.Glencore’s potential merger with Rio Tinto, driving a 6.8% share price rise, strengthens its market position and Glasenberg’s wealth.South African billionaire Ivan Glas…See the Story

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