A decarbonized mining sector is coming – and probably sooner than you realize
Climate change is an existential challenge. Mining is a big part of the solution. This is the worrying — and yet, exciting — backdrop to PDAC 2023. Mining, as a…
Glencore
Glencore hit by fresh bribery-related suit in the UK
Glencore (LSE: GLEN) is facing a fresh lawsuit in the U.K. related to alleged losses to shareholders resulting from the mining and commodities trader’s involvement in bribery. Legal & General…
Glencore to sell 23% stake in Peruvian miner Volcan
Miner and commodities trader Glencore (LSE: GLEN) has kicked off a sale process for its 23% stake in Peruvian zinc and silver miner Volcan. Delivering 2022 results, the Swiss company…
Glencore halts operations in Peru due to violent protests
Following an attack on Jan. 20 that set on fire a worker housing area, Glencore (LSE: GLEN) announced that it has halted operations at the Antapaccay copper mine in southern…
Investors with US$2.2 trillion in assets ask Glencore to justify thermal coal plans
Glencore (LSE: GLEN) is facing fresh pressure by investors with $2.2 trillion in assets to disclose details of its coal production plans and how they align with its efforts to…
Nexa Resources halts Peru zinc mine amid blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community….
Canada nixes Glencore’s proposed open pit coal mine project in BC
Canada has rejected Glencore’s (LSE: GLEN) proposed open-pit Sukunka coal mine project near Tumbler Ridge in British Columbia on environmental grounds. The coal mine, 55 km south of Chetwynd and…
Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
JV Article: Battery Mineral Resources accelerates path to production at Punitaqui copper complex in Chile
When Battery Mineral Resources (TSXV: BMR; OTCQB: BTRMF) received recent public approval by the Chilean Environmental Assessment Service for the Environmental Impact Declaration for mining at Minera Altos de Punitaqui,…
Glencore eyes adding lithium to its trading business
Mining and commodities giant Glencore (LSE: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the…
FPX scoping study outlines high-purity nickel sulphate operation for EV industry
FPX Nickel (TSXV: FPX; OTC: FPOCF) has announced results of an internal engineering scoping study evaluating the production of nickel sulphate for the electric vehicle battery market from high-grade awaruite…