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Thought this one deserves its own topic.

Listed yesterday (13 Nov 2013) @ 5500c, ended -1.16% with volume of 34 794 950.


So far:

gcr waiting for 52xx to buy;
jaDEB & gcr saying GLN will only move into T40 next year March;
I'm thinking possible future takeover play for Anglo American.

(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.

Please note that if it bugs some1 that I use shareforum to paste my news of my shares, + graphs, just let me know. I will stop.

Mining giant Glencore is donating $US2 million to help relief efforts after Typhoon Haiyan swept through the Philippines causing mass devastation.
 
Glencore chief executive officer Ivan Glasenberg said Typhoon Haiyan and its aftermath has had a devastating effect on communities in the Philippines.
 
“We have a long standing relationship with the Philippines and its people and hope that this donation will help all those involved with the relief effort in assisting local communities to recover from this catastrophic event,” he said.
 
“Our thoughts are with our employees, their families and all the communities that have been impacted by the typhoon.”
 
The donation was made through the PASAR Foundation which is affiliated with the company’s Pasar operations in the Philippines.
 
Glencore owns 78.2 per cent of Pasar, the sole copper smelter and refinery in the Philippines, with the remaining 21.8 per cent owned by local investors.
 
Located off the coast of the Leyte Islands, the company’s Pasar operations include a port used to ship product to Asian markets, an auxiliary sulphuric acid plant and a doré plant which produces an alloy of gold and silver.

 

Just reprimanding GLN -      - Seems to work for Orca

Why JSE resources investors should eye Glencore

Diversification, baby, especially if combined with either AGL or BIL.

 

Well just back from holiday and see that my order for GLN was executed while away, but on Friday it dropped to just under R 51 so bought some more - now will wait over the next 3 years for the company to rationalise its holdings, change its structure, set its strategy and hopefully get handsome dividends and capital gains. May have to take the pain on Goldfields and switch the funds into GLN, though I still have a belief that GFI could do so much better if they reverse their BEE deal and chop Holland

Mr Bond, this is for you, from our UUU days ...

Tokyo - The operator of Japan's wrecked nuclear plant and three Mitsubishi group firms plan to build a new type of energy-efficient coal-fired power plant in Fukushima, a source said on Saturday.
Tokyo Electric Power Company will tie up with Mitsubishi Heavy Industries, Mitsubishi and Mitsubishi Electric to build integrated gasification combined-cycle (IGCC) stations.
Mitsubishi group companies will have a majority stake in the new plants while cash-strapped Tepco will be in charge of running the facilities, which they plan to put online around 2020, the source said.
Tepco has been under pressure to introduce energy-efficient facilities as all of its nuclear power plants have been closed in the wake of the Fukushima disaster, with no immediate prospects of restarting any nuclear plants given public distrust.
Mitsubishi Heavy also aims to be a leading player in the new IGCC technology, which will increase power output by 20 percent from conventional coal power plants, using the same amount of fuel.
Three reactors suffered core meltdowns at the Fukushima Daiichi plant north of Tokyo after the March 2011 earthquake and tsunami that triggered explosions and forced the evacuation of 160 000 people from nearby towns and villages. - Reuters