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Glencore Profits Rise on Commodities Boom – Wall Street Journal (subscription)

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Swiss mining and trading giant Glencore PLC reported strong first-half results on Thursday, benefiting from rising commodity prices as it continues to recover from a downturn that sparked widespread worries about its financial health and caused an investor revolt.

Glencore, one of the world’s largest coal, copper and zinc producers, reported a $2.5 billion net gain for the first six months through June, compared with a $369 million…