MiningMX
GlencoreIn the news

Glencore keeps copper forecast as Q3 output improves

Glencore's copper production increased 2% quarter on quarter in the third quarter, allowing the commodities giant to keep its full-year guidance unchanged despite lower cobalt…

Gary Nagle, CEO, Glencore

Glencore nears asset sales ahead of bumper payouts

Glencore is progressing on multibillion-dollar disposals in the DRC and Kazakhstan, potentially paving the way for bumper shareholder returns and major merger deals.

A Congolese artisanal miner climbs out, with the use of vines, of a deep gold mine in the Mabakulu site on July 11, 2018 in Ituri Province. The Mabakulu Gold Mining site lies deep within the Ituri Forest. Miners will stay out in the forest for up to a week, by the end of the week the will usually have mined about Six grams of gold. The gold gets sold to traders in the near by town of Mambasa, from there it will either head legally to the town of Bunia or Illegally over the borders in Uganda.

Congo ousts artisanal mining regulator amid crackdown

The Democratic Republic of Congo has suspended SAEMAPE director general Jean-Paul Kapongo Kadiobo as authorities ramp up enforcement against illegal artisanal mining on copper…

Photographer: Matt Jelonek/Bloomberg via Getty Images

Rio Tinto commits $1.9bn to Queensland bauxite project

Rio Tinto is investing $1.9bn in Queensland's new Kangwinan bauxite project to replace depleting production and boost capacity at its Weipa hub.

US-backed Orion nears Glencore Congo stake deal

A US government-backed consortium is nearing the completion of a deal to acquire stakes in Glencore’s copper-cobalt operations in the Democratic Republic of Congo.

Molten copper is cast into copper anodes.
Photographer: Graham Hughes/Bloomberg via Getty Images

Orion Minerals $40m offtake with Glencore gets green light

Development is set to begin at Orion Minerals' Prieska Copper Zinc Mine after the first $40m tranche of its $250m offtake agreement with Glencore became unconditional.

SA's copper hopeful Orion in need of momentum

As South Africa’s emerging mining sector navigates turbulence, junior producer Orion Minerals is working to piece together its funding puzzle and push ahead with its flagship…

Glencore's headquarters in Baar, Switzerland. Picture: REUTERS/ARND WIEGMANN

Glencore targets Aussie investors in ASX debut

Glencore prepares for its listing on the Australian Securities Exchange via CDIs, aiming to tap local pension capital and rising demand for copper.