Diversified miner Glencore will not be paying a dividend in 2020 and will instead pay down debt, in spite of reporting record half-year earnings from its trading business.
The group said net debt increased $2.1bn (R36.6bn) to $19.7bn in its six months to end-June, when it also wrote down its businesses by $3.2bn, due to lower commodity prices and Covid-19-related uncertainty...
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