The author is a Reuters Breakingviews columnist. The opinions here are his own.
Ivan Glasenberg outlasted all his major peers after the multi-year boom in metals prices turned into a rout in 2013. The Glencore chief’s misjudgment of the market severely tried investors’ patience in 2015. Yet when the second wave of mining executive ousters comes, as it may soon, it’s likely Glasenberg will again be the last man standing.