Anglo American, Teck shareholders OK $53B merger
Anglo American (LSE: AAL) and Teck Resources (TSX:TECK.A | TECK.B) announced their shareholders on Tuesday approved a $53-billion merger vying to be the largest mining deal of the decade. The…
Glencore
Codelco and Glencore to advance major smelter in Chile
Chile’s state-owned copper miner Codelco has signed a memorandum of understanding with Swiss miner and commodities trader Glencore (LSE: GLEN) to advance a new smelter in the country. Codelco is…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Podcast: Glencore reaches inflection point, ft Bloomberg Intelligence’s Alon Olsha
This week’s episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli on the latest developments at Glencore. Alon explains the…
Glencore, Chilean Cobalt sign offtake for Americas supply
United States-based Chilean Cobalt (US-OTC: COBA) said Thursday it has signed a life-of-mine offtake with a Glencore (LSE: GLEN) subsidiary for all the cobalt and copper from the La Cobaltera…
A third of mines don’t meet tailings rules: ICMM
A new report finds 33% of mines around the world operated by two dozen leading companies don’t fully meet industry standards for tailings management. Yet two-thirds of 836 facilities are…
Bottlenecks slow US copper supply ambitions
The United States’ effort to build a secure domestic supply of copper is running headlong into environmental review and legal disputes – illustrating the tension between energy transition goals and…
Glencore, Quebec refute smelter shutdown report
Glencore (LSE: GLEN) and Quebec have denied a Reuters report that the company was planning to shut down its Horne smelter in the province — Canada’s largest copper-metal producing plant…
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
Fitch lifts 2025 copper price forecast
Fitch Solutions’ Business Monitor International (BMI) has raised its 2025 average copper price forecast to $9,650 per tonne, up from $9,500 previously, as persistent supply disruptions and resilient industrial demand…
Codelco fast-tracks automation after deadly collapse
Chile’s state-owned copper giant Codelco is to fast-track automation at its El Teniente mine after a deadly collapse killed six workers, in what became Chile’s worst mining accident in decades….
RANKED: Top 20 biggest copper mines 2025
The copper price hit a new 16 month high in London this week, while BHP (NYSE, LSE, ASX: BHP) is predicting global copper demand to grow by at least a…