It has been 12 months very impressive for the world’s leading miners. FTSE 350 Mining Index 156995, -0.22% – including diverse mining giants Rio Tinto RIO, -0.13%, BHP Group BHP, + 0.35%, Anglo American AAL, -0.23%, And Glencore Glen, -0.33% – According to the fact cassette,% returned% returned to shareholders …
Read More »Glencore CEO Evan Gleisenberg will retire after 18 years at Helm
Evan Glensenberg, the longtime chief executive of London G Glencore PLC, is handing over the reins of the global mining and trading giant he created, saying on Friday that he would retire early next year. The Switzerland-based London-listed company said it currently supports senior deputy Gary Nagle, who currently runs …
Read More »Rio Tinto blew up old caves. Here’s the reason why the CEO is docked millions
Rio Tinto CEO Jean-Sébastien Jacques attended an annual general meeting in Perth, Australia on May 9, 2019. Jacques will lose about $ 3.5 million in bonuses due to the destruction in May of Australian inland holy sites, the mining company said on August 24, 2020. Will Russell / Associated Press …
Read More »Gold prices pop higher than Buffett shares of the second largest miner in the world
Gold prices rose higher on Monday, partly supported by a slide in government bond yields and the US dollar, which were the attraction of the precious commodity. But the yellow metal may also have attracted extra interest after a public submission that offered a glimpse of Warren Buffett’s Berkshire Hathaway …
Read More »Recession-proof your portfolio with these 4 stocks, says analyst
Economist Joseph Stiglitz famously warned that the only perfect hedge is a Japanese garden. As the UK economy sinks into recession, with 1 million jobs lost and hundreds of thousands of companies at risk of collapse, many investors will be asked to stack in so-called recession-resistant stocks. Russ Mold, investment …
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