Glencore, led by South Africa's Gary Nagle, explores merger talks with Rio Tinto
Glencore and Rio Tinto are in advanced talks for a merger that could reshape the global mining sector, rivaling industry leader BHP Group.
Gary Nagle
Glencore faces dual bids for Koniambo Nickel stake in new Caledonia
Glencore Plc, led by South African executive Gary Nagle, reviews two bids for its 49% Koniambo Nickel SAS stake after site visits.
South African executive Gary Nagle sees $3.2 million decline in Glencore shares in 2024
The steep decline underscores the challenges confronting Glencore and its investors as the company grapples with market volatility and shifting global demand.
Glencore, led by South African exec Nagle, targets Jamaican LNG acquisition
This underscores Glencore’s ambition to deepen its presence in strategic energy markets, further diversifying its expansive portfolio.
Glencore to develop $116-million solar plant in South Africa
The project aims to decarbonize South Africa’s industrial sector by supporting renewable energy goals and reducing emissions.
Glencore pilots innovative copper leaching process in Chile
The initiative aims to boost copper output from lower-grade ore in response to rising global demand for the metal, which is vital for renewable energy technologies.
South African executive Gary Nagle-led Glencore to pay Nigeria $50-million ‘settlement’ penalty
Glencore’s legal troubles are wide-ranging. In May 2022, the company settled investigations in the U.S., U.K., and Brazil for $1.5 billion, with $1.06 billion going to U.S. and Brazilian authorities.
Led by South African executive Gary Nagle, Glencore sells Volcan stake for $20 million
Glencore’s exit from Volcan serves as a cautionary tale for investors in the mining sector.
Glencore-led by South African executive Gary Nagle eyes $46-billion British mining firm
Glencore’s recent interest in Anglo-American comes roughly three months after expressing interest in acquiring Shell’s refinery and petrochemical complex in Singapore.
South African tycoon Gary Nagle earns $6.1-million salary from Glencore in 2022
Beyond his executive roles, Nagle holds a 0.016-percent stake in Glencore, equivalent to 2,000,000 shares — a stake presently valued at $11.63 million.
Glencore-led by South African exec Gary Nagle to acquire stake in coal business in $6.9-billion deal
Expressing satisfaction with the acquisition, Glencore CEO Gary Nagle highlighted the complementarity of Elk Valley’s assets with Glencore’s existing coal production.
South African tycoon Gary Nagle loses $3 million from stake in world’s largest mining group
South African business executive Gary Nagle owns a 0.016-percent stake in Glencore, or 2,000,000 shares.
Glencore, led by South African exec Gary Nagle, unveils $1.2-billion share buyback
Under the leadership of CEO Gary Nagle, who holds a 0.016-percent stake in the Swiss mining giant, the purchased shares will be retained in the treasury.