| Glencore PLC on Thursday reported lower production of copper, coal and zinc in the year’s second quarter as it continued to try to lift prices through output cuts, though results have been mixed.
The Swiss-based mining and trading giant is among the world’s largest producers of those metals, so with commodity prices and the company’s shares plumbing new depths last year, Glencore launched a plan to shut in production. That’s something Chief Executive Ivan Glasenberg had long urged other miners to do...............................................Full Article: Source
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