Copper $ 5.51 / lb 1.52%
Brent Crude Oil $ 60.47 / bbl 1.17%
Palladium $ 1786.9 / ozt 0.50%
Crude Oil $ 56.52 / bbl 1.11%
Natural Gas $ 3.984 / Btu 1.07%
Silver Futures $ 67.489 / ozt 3.17%
Aluminum Futures $ 2962.5 / ton 1.45%
Micro Gold Futures $ 4418.8 / ozt 0.53%
Micro Silver Futures $ 67.489 / ozt 3.16%
Platinum $ 2018.6 / ozt 3.35%
Gold Futures $ 4387.3 / ozt 0.54%
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Glencore-Xstrata profits hit by $2.6bn writedowns and slump in commodity prices

Cecilia Jamasmie | March 05, 2013 | 4:00 pm Base Metals Energy Precious Metals Africa Asia Europe Coal Copper Gold Nickel Zinc 

Diversified miner Xstrata (LON:XTA) and commodities trader Glencore (LON:GLEN), which are seeking final regulatory approval from China for their $36 billion merger, posted Tuesday lower annual net profits, mainly as a consequence of a combined $2.6 billion in writedowns in...

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