Glencore’s Australian coal mine revealed as methane super-emitter
Mining News Pro - Just inland of Australia’s east coast, roughly 200 miles from the Great Barrier Reef, a single coal mine run by Glencore Plc emitted so much super-warming methane in a year that it had the same climate warming impact as the annual pollution from more than 4 million U.S. cars.
-
-
Visit: 39
Activist Bluebell asks Glencore to separate its coal business
Mining News Pro - Activist hedge fund Bluebell Capital Partners has asked Glencore Plc to separate its thermal coal business because it has become a barrier to investment.
-
-
Visit: 45
Glencore to close Italian zinc operation on power costs
Mining News Pro - Glencore (LON: GLEN) is placing its zinc sulphide operation in Portovesme, Italy, on care and maintenance by the end of December at the latest and it will remain closed until there is “a meaningful change in power market prices”, the miner and commodity trader said on Monday.
-
-
Visit: 78
Zinc price jumps as Glencore cuts production in Italy
Mining News Pro - The zinc price rose on Monday as Glencore Plc announced it’s preparing to shut down production in Italy.
-
-
Visit: 74
Glencore to sell Ernest Henry asset to Evolution for A$1 billion
Mining News Pro - London-listed miner Glencore has agreed to sell its Ernest Henry Mining copper-gold mine in Queensland to Australia-based Evolution Mining for A$1 billion ($729.60 million), the companies said on Wednesday.
-
-
Visit: 69
Glencore’s Peru mine says won’t proceed with Coroccohuayco project in near-term
Mining News Pro - Glencore’s Antapaccay copper mine in Peru said on Thursday that it does not plan to execute this year or next its Coroccohuayco project that has caused nearby residents to protest and block the road used to transport its copper.
-
-
Visit: 64
Peruvian community blocks key highway in protest against Glencore mine
Mining News Pro - An indigenous community in Peru’s Espinar province has blocked a key mining road, a local leader told Reuters on Wednesday, in protest against the government and Glencore’s Antapaccay copper mine.
-
-
Visit: 103
Glencore recognises the importance of apprentices
Mining News Pro - Glencore has continued to advocate for entry-level resources jobs, with 40 new apprenticeships up for grabs at its Mount Isa operations in Queensland.
-
-
Visit: 191
Shipping acquisition sees Glencore set sail
Mining News Pro - Glencore has acquired a majority stake in Newcastle Coal Shippers as the final part of its Hunter Valley Operations joint venture (JV) with Yancoal in New South Wales.
-
-
Visit: 155
Glencore welcomes Kalidas Madhavpeddi as new chairperson
Mining News Pro - Multinational mining giant Glencore has appointed Kalidas Madhavpeddi as its new chairperson, with effect from July 30.
-
-
Visit: 322
Falco Resources, Glencore ink deal for Horne 5 project development in Quebec
Mining News Pro - Falco Resources and Glencore have signed an agreement in principle that paves the way for Falco to develop its Horne 5 project in Quebec.
-
-
Visit: 140
Analysts describe Glencore’s takeover of Cerrejón as ‘sensible’
Mining News Pro - Deutsche Bank Research says the deal that Glencore struck with fellow diversified majors Anglo American and BHP to buy out their respective 33% interests in the Cerrejón joint venture (JV) does not come as a surprise and presents a good value proposition for the diversified miner.
-
-
Visit: 122
Glencore grabs Anglo American, BHP stakes in Cerrejon coal mine
Mining News Pro - Miner and commodities trader Glencore is buying out partners Anglo American (LON:AAL) and BHP’s stakes in the Cerrejón thermal coal mine in Colombia, defying previous reports that said it was looking to walk away from the asset.
-
-
Visit: 136
Red River, Glencore sign Hillgrove offtake agreement
Mining News Pro - Red River Resources has finalised an offtake agreement with Glencore for gold concentrate produced from the Hillgrove mine’s Bakers Creek stockpile in New South Wales.
-
-
Visit: 119
Glencore moves forward with Newlands rehabilitation
Mining News Pro - Glencore has earned a certification from the Queensland Government for rehabilitating 138 hectares at the Newlands open cut coal mine in Central Queensland.
-
-
Visit: 105
Copper supply needs to double by 2050, Glencore CEO says
Mining News Pro - Glencore Chief Executive Ivan Glasenberg said on Tuesday that a supply gap was growing in the metals necessary for the world to replace fossil fuels with renewable energy, but he stopped short of predicting a so-called super cycle.
-
-
Visit: 158
Glencore leads miners in cobalt blockchain pilot
Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce and use using blockchain technology.
-
-
Visit: 308
Wagners hauls in Glencore contract renewal
Mining News Pro - Wagners has renewed a haulage services contract with Glencore in north-west Queensland for another four years.
-
-
Visit: 235
Glencore agrees to take over Weser-Metall lead plant
Mining News Pro - Glencore has agreed to take over insolvent German lead producer Weser-Metall via a new company named Nordenham Metall GmbH, the commodities group and local government said in a joint statement.
-
-
Visit: 346
Glencore to extend Mangoola coal mine
The New South Wales Government has given Glencore the green light to develop a new open cut mining area at the Mangoola open cut coal mine in the Hunter Valley.
-
-
Visit: 178
Glencore chair defends pay plan for new CEO
Gary Nagle, the handpicked successor of outgoing CEO Ivan Glasenberg, facing scrutiny over pay package.
-
-
Visit: 123
Glencore and China Huaneng Group sign MOU on CCUS project
Mining News Pro - China Huaneng Group Clean Energy Research Institute and Carbon Capture Transport and Storage Company of Glencore have signed a Memorandum of Understanding (MOU) for the cooperation on carbon capture utilisation and storage (CCUS) technology.
-
-
Visit: 200
Glencore faces shareholders revolt over CEO’s pay
Mining News Pro - Proxy adviser Glass Lewis, one of Glencore’s top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to $10.4 million.
-
-
Visit: 181
Glencore reduces capacity at Murrin Murrin
Mining News Pro - Glencore will temporarily reduce production at the Murrin Murrin nickel-cobalt operation in Western Australia after a malfunction at the site’s acid plant.
-
-
Visit: 294
Glencore inks QLD bauxite deal with Mitsubishi
Mining News Pro - Glencore and Mitsubishi Development have struck a joint venture (JV) agreement to develop the Aurukun bauxite project in western Cape York, Queensland.
-
-
Visit: 303