- Write by:
-
Monday, April 15, 2024 - 23:28:22
-
54 Visit
-
Print
A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 billion roubles, or some 114.8 million euros, worth of shares in a lawsuit filed by Sberbank, according to the court.
The payments include 0.57% of shares of Russia’s largest oil producer Rosneft and 10.55% of EN+ Group MKPAO, owned by Glencore Group Funding Limited.
It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies. Last year, the court ordered a subsidiary of Glencore to pay about 118 million euros ($125 million) to Sberbank.
Glencore and Sberbank were immediately available for comment.
Short Link:
https://www.miningnews.ir/En/News/628270
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly ...
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an ...
Nigeria has revoked 924 dormant mining titles immediately and invites investors to freely apply for the affected ...
The London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim ...
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first ...
Vietnam’s top miner Vinacomin plans to invest 182 trillion dong ($7.3 billion) to ramp up its alumina-aluminum ...
Rare earths prices in top producer China jumped to their highest in more than seven weeks on Monday on a wave of ...
Indonesia’s mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd’s shares ...
Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc ...
No comments have been posted yet ...