Glencore takes heat in Quebec for smelter that spits out arsenic
Mining News Pro - Quebec’s public health director took aim at Glencore Plc for toxic emissions at a copper smelter in the province’s northwest, saying the level of pollution must be brought down quickly because of evidence it’s causing increased risk of cancer and other health problems.
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Visit: 39
Glencore profit more than doubles thanks to soaring coal price
Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last year’s figure thanks to its booming thermal coal business.
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Visit: 87
Glencore profit more than doubles thanks to soaring coal price
Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last year’s figure thanks to its booming thermal coal business.
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Visit: 65
Glencore is cashing in on coal to dodge big mining’s slowdown
Mining News Pro - The world’s biggest miners have spent the past two weeks reporting lower profits, shrinking dividends and a worsening outlook as the year rolls on. Next up: Glencore Plc looks set to buck the trend.
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Visit: 91
Glencore flags cash tied up in record trading profits
Mining News Pro - Glencore Plc, on course to report it best ever trading year, has flagged that those profitable bets have tied up more working capital than normal.
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Visit: 44
Cameroon’s anti-graft agency says investigations into Glencore bribery underway
Mining News Pro - Cameroon’s anti-corruption agency is investigating claims by miner and commodities trader Glencore Plc that it paid bribes to officials at state-run companies in exchange for favours, an official said on Tuesday.
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Visit: 119
Glencore expands coal mining in an Australian methane hotspot
Mining News Pro - Glencore Plc is expanding a coal mine that scientists have estimated leaks so much planet-wrecking methane each year it has the same warming impact as the annual emissions from millions of cars.
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Visit: 199
At Australia mine, Glencore balances reforestation drive, coal profit
Mining News Pro - At Glencore’s aging Mt Owen open-cut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company’s environmental credentials with climate activists and shareholders who want it to back away from coal.
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Visit: 200
Glencore unit pleads guilty to bribery in Africa
Mining News Pro - A British subsidiary of Glencore (LON: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the UK Serious Fraud Office (SFO), which relate to the firm’s oil operations in Africa.
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Visit: 303
Activist investor Bluebell adds pressure on Glencore to fix coal unit
Mining News Pro - Activist investor Bluebell Capital Partners has again asked Glencore Plc to overhaul its climate policy, while seeking support from other shareholders to push for reform at the commodities giant.
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Visit: 241
Glencore expected to dismiss bid for Yancoal Australia stake
Mining News Pro - Glencore is expected to dismiss a $3.60 per share offer for its minority stake in Yancoal Australia as it considers the Chinese majority owner’s bid for the coal producer offensively low.
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Visit: 275
Glencore bribery cases draw in billionaire former executives
Mining News Pro - The US corruption and market manipulation cases against Glencore Plc include allegations about the conduct of two former executives who formed part of the inner circle of the trading house’s top management for over a decade — and walked away as billionaires.
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Visit: 316
Glencore to invest $200m in battery recycling firm Li-Cycle
Mining News Pro - Glencore has inked a deal with Toronto-based Li-Cycle Holdings to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries.
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Visit: 246
Glencore hails trading unit outlook
Mining News Pro - Miner and commodities trader Glencore (LON: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia’s invasion of Ukraine continues to drive up prices of most commodities the company mines and sells.
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Visit: 230
Chilean regulator moves to sanction Glencore over mine monitoring
Mining News Pro - Chile’s environmental regulator said on Tuesday it had launched a sanction process against Glencore’s Lomas Bayas copper mine for non-compliance with water, flora and fauna monitoring in its operation area.
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Visit: 107
Glencore cobalt mine scrutinized as Congo revisits foreign deals
Mining News Pro - Democratic Republic of Congo added Glencore Plc’s giant Mutanda copper and cobalt operation to a list of projects that could face renegotiation, just as the key battery metals mine is in the process of restarting.
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Visit: 405
Peruvian government to negotiate with communities opposing Glencore’s copper project
Mining News Pro - Peru’s Ministry of Environment and the southern Espinar province set up a dialogue process with the goal of finding solutions to the social and environmental problems people say mining operations are causing in the area.
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Visit: 151
Glencore to supply cobalt to GM in multi-year deal
Mining News Pro - Miner and commodities trader Glencore has inked a multi-year agreement with General Motors to provide the automaker with cobalt from its Murrin Murrin operation in Australia.
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Visit: 374
Glencore regains IPO price after 11 years on commodity rally
Mining News Pro - Glencore Plc traded above its IPO price for the first time since 2011 as Russia’s invasion of Ukraine continues to drive up commodity prices.
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Visit: 320
Metals Acquisition clinches $1.1 billion deal for Glencore’s CSA copper mine
Mining News Pro - Blank-check firm Metals Acquisition Corp on Thursday emerged as the winner of a years-long race to acquire Glencore’s CSA copper mine in Australia with a $1.1 billion deal.
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Visit: 166
Glencore reviewing stakes in two Russian companies
Mining News Pro - Glencore Plc, the world’s biggest commodity trader, followed some of the world’s largest companies in reviewing its business ties with Russia as the fallout from the invasion of Ukraine intensifies across global commodities markets.
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Visit: 313
IGO drops plan to buy Glencore’s copper mine
Mining News Pro - Australian miner IGO Ltd said on Tuesday it discontinued negotiations with UK-based Glencore Plc to buy its CSA copper mine in New South Wales state, a week after entering exclusive discussions for the deal.
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Visit: 369
IGO wins auction for Glencore CSA Australia mine
Mining News Pro - IGO Ltd has won an auction to buy Glencore Plc’s CSA copper mine in western New South Wales, according to a local media report.
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Visit: 328
BHP and Glencore New Records in Mining Commodities
Mining News Pro - Glencore is delivering US$4bn to shareholders while BHP is returning US$7.6bn in a record interim dividend as mining giants capitalise on commodities boom
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Visit: 445
Glencore’s zinc mine expansion met by Indigenous backlash
Mining News Pro - Glencore Plc’s plans to expand one of the world’s largest zinc and lead mines has been thrown into doubt after an Australian government judged it failed to adequately consult with Aboriginal custodians over the protection of a sacred site.
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Visit: 431