Glencore 1Q Output Was Largely in Line With Views; Guidance Unchanged
03 Maio 2018 - 3:55AM
Dow Jones News
By Oliver Griffin
Glencore PLC (GLEN.LN) said Thursday that production in the
first quarter of 2018 was largely in line with views across all
commodity groups, with full year guidance unchanged.
The Anglo-Swiss commodity trading and mining company said its
own-sourced copper production rose to 345,400 tons, from 342,100
tons in the first quarter of 2017, reflecting the commissioning of
the first phase of the whole-ore leach project at the Katanga mine
in Congo.
Zinc production fell 13% to 242,700 tons following the disposal
last August of the Rosh Pinah and Perkoa mines in Namibia and
Burkina Faso, respectively, Glencore said. Cobalt production
increased 11% to 7,000 tons.
Oil production net to the company was 1.2 million barrels, 15%
lower than a year earlier due to natural field declines in
Equatorial Guinea.
The company said earnings before interest and taxes for its
marketing division are expected within the top half of the $2.2
billion-$3.2 billion long-term guidance range.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
May 03, 2018 02:40 ET (06:40 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Glencore (PK) (USOTC:GLNCY)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Glencore (PK) (USOTC:GLNCY)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Glencore Plc (PK) da OTCMarkets bolsa de valores: 0 artigos recentes
Mais Notícias de Glencore (PC)