Pirate's Booty Plundered! Glencore Earnings Halved, Payout Slashed

Ahoy Mateys Lower Commodity Prices Strike!

Lower commodity prices have hit Glencore hard causing a significant drop in earnings.

Savvy Investment or Treasure Hunt?

Glencore slashes investor payouts as it sets sail to acquire Teck Resources' metallurgical coal business.

Debt as Deep as Davy Jones' Locker

Glencore's net debt has skyrocketed resembling the depths of Davy Jones' Locker.

A Pirate's Payday Denied

Investors left without a new buyback scheme or special dividend as Glencore funnels all its gold to fund acquisitions.