Glencore backs EVelution Energy’s cobalt plant plans
Mining and commodities trader giant Glencore (LSE: GLEN) has agreed to supply up to 7,000 tonnes of contained cobalt per year to U.S.-based EVelution Energy as a way to support…
Glencore plc
Glencore’s carbon emission jumped 8.8% in 2023, reveals new climate plan
Mining and commodities trader Glencore (LSE: GLEN) has reported an 8.8% in its carbon emissions for 2023 as a consequence of expanding coal production and restarting an oil refinery in…
US, Canada and Indigenous collaboration takes aim at BC coal mine pollution
The United States and Canada announced Monday they have agreed to cooperate to reduce and mitigate the impacts of water pollution from coal mines originating in British Columbia’s Elk-Kootenay watershed….
Peru approves US$2B Antamina copper mine expansion
Peru’s environmental watchdog has granted Antamina, the country’s largest copper-zinc mine, a long-awaited permit that allows it to kick off a US$2 billion expansion to extend the operation’s productive life…
Falco deal with Glencore paves way for Horne 5 development
Falco Resources (TSXV: FPC) shares gained as much as 41% today on news of an agreement with Glencore (LSE: GLEN) that will allow it to use part of Glencore’s lands…
Glencore ready to spin off coal unit after sealing Teck buy
Glencore (LSE: GLEN) is moving ahead with plans to spin off its profitable but polluting thermal coal business after clinching on Tuesday a US$8.9-billion deal for the coal division of Teck Resources…
Video: Don Lindsay on Glencore’s pursuit of Teck and resource nationalism
Former Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) CEO Don Lindsay joined The Northern Miner’s Canadian Mining Symposium in London, U.K., Oct. 12-13 to speak to Adrian Pocobelli, host of TNM’s…
Sigma Lithium inks supply deal with Glencore
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) announced on Thursday it has prepared 22,500 tonnes of lithium concentrate that will be shipped to Glencore as part of a collaboration to build…
Top investors seek damages from Glencore over prospectus claims
Swiss trader and miner giant Glencore (LSE: GLEN) has been accused by a group formed by some of the world’s biggest asset managers of hiding its corrupt activities through misleading…
JSW Steel considers 75% interest in Teck’s coal business
JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) steelmaking coal business, according to a Bloomberg report In July,…
Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon
Granite Creek Copper (TSX-V: GCX; US-OTC: GCXXF), part of the Metallic Minerals Group, wants to attract a major company to consolidate a Yukon area into a local copper giant. Granite’s…
Glencore buys Pan American’s stake in Argentinean copper project
Glencore (LSE: GLEN) is buying out a 56% stake in Argentina’s MARA copper project from its partner Pan American Silver (TSX: PAAS; NYSE: PAAS) for US$475 million, as part of…