Glencore Drags Down Mining Shares as Nickel Drops to 6-Week Low

  • Glencore shares paring gains after stock doubled this year
  • ‘Little impetus’ for nickel to be at $11,000 a ton: Melek says

Mining shares retreated, dragged down by a second day of losses in Glencore Plc after the commodities trader and miner reported the smallest profit since becoming publicly traded. Nickel fell to a six-week low.

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