CAPITAL MARKETS

Glencore tops the majors

Glencore (LN:GLEN) led the global leaders' share price rises this week as rumours circulate about the potential buyers for its Tahmoor coking coal mine in New South Wales, Australia.

Glencore's Tahmoor mine produced 1.8Mt of saleable coking coal in 2016

Glencore's Tahmoor mine produced 1.8Mt of saleable coking coal in 2016

The mining and trading company in 2016 said it would close Tahmoor after 2018, before coal prices surged and it decided to sell the operation and free up cash. Bloomberg is now reporting the company...

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