In a move that could reshape the global mining landscape, Rio Tinto and Glencore have reignited merger discussions, aiming to create a behemoth valued at over $200 billion, the world’s largest mining company. The talks, […]
According to a statement by the Shandong Order Group, the medium-term LNG supply deal with Glencore Singapore was signed in Beijing on March 25. Shandong Order Group did not provide any details regarding the LNG […]
China’s power generation firm Shenzhen Energy has signed a long-term deal to buy liquefied natural gas (LNG) from a unit of Switzerland-based energy trader Glencore. Shenzhen Energy’s unit SE Gas Holding signed the purchase and […]
Glencore’s (LON: GLEN) Minera Lomas Bayas in Chile signed an agreement – deemed as ‘historic’ by the company – with the Calama Farmers Association (ASAC) transferring water rights on the Loa River and also the […]
(Kitco News) – In 2025 primary copper supply will “start to fall off a cliff,” but the copper price isn’t high enough yet to incentivize new mine builds, says Nicole Adshead-Bell, chair of Hot Chili (TSXV:HCH). […]
Unintended but not unexpected is one way of describing what’s happening to the price of steel-making coal as governments suppress supply in the face of steady demand growth, a perfect recipe for a higher price. […]
Miner and commodities trader Glencore (LON: GLEN) has kicked off a sale process for its 23% stake in Peruvian zinc and silver miner Volcan. Delivering 2022 results, the Swiss company said the move was part […]
Glencore (LON: GLEN) has resumed operations at its vast Antapaccay copper mine in Peru, which remained shut for 11 days on security concerns following violent attacks by locals. The mine closed on January 20 […]
NewsBusiness and Economy A British subsidiary of Swiss mining and trading group Glencore has been ordered to pay a total penalty of 276.4 million pounds ($310.6m) by a London court for seven bribery offences in […]
Glencore Plc, the mining and commodity trading giant, agreed to supply coal to a Japanese customer at one of the highest prices ever paid by the nation, threatening to further accelerate inflation. Nippon Steel will […]
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