Life's no beach for Ivan Glasenberg's Glencore

By Colin Kruger
Updated August 29 2016 - 1:13am, first published 12:15am
Chief executive Ivan Glasenberg has tried to shrug off the fact that Glencore has reported its worst half-yearly profit since it became a publicly listed company. Photo: Simon Dawson
Chief executive Ivan Glasenberg has tried to shrug off the fact that Glencore has reported its worst half-yearly profit since it became a publicly listed company. Photo: Simon Dawson
South32 has established a small shareholding sale facility for investors whose shares are worth less than $500 and therefore cannot otherwise dispose of the stock.  Photo: Philip Gostelow
South32 has established a small shareholding sale facility for investors whose shares are worth less than $500 and therefore cannot otherwise dispose of the stock. Photo: Philip Gostelow

Glencore boss "Aussie" Ivan Glasenberg has more reason to feel humble despite the commodities trader recovering from last year's near-death experience which forced it into a humiliating capital raising to stay afloat.