Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Diversified marketing and mining major Glencore on Wednesday reported 29% lower first-half (H1) earnings of $4.6-billion on weaker commodity prices. The board of the London-, Hong Kong- and Johannesburg-listed company declared an interim dividend of $0.6 a share, consistent with the 2014 interim distribution, “reflecting confidence in the prospects and strength of underlying operations, commodities mix and sustainable cash flow profile”.
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