Gates-backed firm ties up with Bluejay on battery metals quest
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, will pay $15m in exploration funding for project in Greenland
Glencore
Curb your enthusiasm: No end in sight for burning coal
While some banks and other lenders are cutting off funding for new coal-fired power plants and turning their backs on coal mining projects more generally, the number of new coal…
Glencore names Kalidas Madhavpeddi as new chairman
Miner and commodity trader Glencore (LSE: GLEN) has chosen non-executive director Kalidas Madhavpeddi to replace Tony Hayward as the company’s new chairman, completing a leadership overhaul at the company. Madhavpeddi, a U.S….
Falco moves closer to Horne 5 development with Glencore agreement in principle
Falco Resources (TSXV: FPC) and Glencore (LSE: GLEN) have signed an agreement in principle that paves the way for Falco to develop its Horne 5 project in Quebec. The agreement…
Glencore grabs Anglo American, BHP stakes in Cerrejon coal mine
Miner and commodities trader Glencore (LSE: GLEN) is buying out partners Anglo American (LSE: AAL) and BHP’s (ASX, LON, NYSE: BHP; LSE: BHP; ASX: BHP) stakes in the Cerrejón thermal coal…
Jetti Resources’ technology could help unlock millions of tonnes of copper from tailings
A new technology by Jetti Resources that can be used to extract copper from mine waste could be a “game-changer” for the copper industry, says Mike Outwin, Jetti’s CEO and…
Mineração Vale Verde completes Serrote copper-gold mine build
Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of schedule and under budget. At…
Global Mining Symposium: Evolution Mining’s Jake Klein on margins over volume
In the first six months of fiscal 2021, Evolution Mining (ASX: EVN) banked over 50% of every ounce of gold it produced in terms of its EBITDA margins, posted a…
First Cobalt more than doubles holdings in Idaho
It has added Phoenix Copper’s Redcastle asset to its Iron Creek cobalt project through an earn-in agreement for 224 hectares of property, expanding its land position to over 1,820 hectares.
Glencore leads miners group in cobalt blockchain pilot
Mining and commodities trader Glencore (LSE: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce using blockchain technology. The group,…
World’s top 10 biggest copper mines
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation…
Glencore’s board approves pay package for Nagle
Glencore’s board approved on Thursday the proposed pay package for incoming chief executive Gary Nagle, despite coming under fire from proxy groups and some investors in recent weeks. Nagle, who…