Glencore Is the Tempting Devil Sat on Mining’s Shoulder

The mining industry these days resembles that old cartoon about a person torn between prudence and temptation. On one shoulder, a white-clad angel is whispering about the virtues of capital discipline, shareholder value and generous dividends. On the other sits Glencore Plc Chief Executive Officer Ivan Glasenberg, clad in red and promising to buy or […]

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