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Glencore strikes $588m deal over Cerrejón

Diversified miner Glencore has struck an agreement with majors BHP and Anglo American to acquire their respective 33.3% interest in the Cerrejón coal mine, in Colombia, for a combined $588-million in cash. Glencore, which holds the remaining 33.3% interest in the...

Chinese steel futures rise

A man works on transporting iron ore on a truck at Ganyu port in Lianyungang, Jiangsu province, China June 11, 2019. Picture taken June 11, 2019. REUTERS/Stringer/Files Chinese steel and iron ore futures rose on Friday, while coking coal and coke both gained nearly 5%...