Glencore PLC on Wednesday said it quadrupled its earnings in 2017, increased its dividend payout to investors and was on the lookout for deals—fresh signs of strength in the global mining industry. The Swiss commodity giant’s financial results highlighted its dramatic turnaround from 2015, when it nearly collapsed under the weight of a copper-price crash and an investor revolt over its high net debt levels. Its unusual model—an enormous mining operation coupled with the world’s biggest commodity trading business—posted the...

Source: Wall Street Journal February 21, 2018 08:56 UTC