Photo: Ceibo Ceibo and Glencore‘s Lomas Bayas Mining Company have entered into a partnership to deploy the former’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulfides. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of their mining operations. The partnership…
Read MoreEuro Sun Mining has inked a binding memorandum of understanding with Glencore International giving the latter right of first refusal for an offtake of all future concentrate from its Rovina Valley project in Romania. The Toronto-headquartered junior, which is advancing the project to be one of Europe’s largest copper gold properties, also gave Glencore the right to nominate one director…
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Wabtec has successfully installed its Generation 3 Collision Avoidance System (CAS) at Glencore Coal’s Mount Owen site in New South Wales, Australia.
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Glencore said it will not spin off its coal business after securing backing from the majority of its investors, according to Reuters. The miner had been debating on whether to keep the coal assets or spin them off after it purchased the majority of Teck Resources’ steelmaking coal business last month. Retaining the coal assets “offers the lowest risk pathway…
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Glencore has abandoned plans to sell its 70% interest in Kazakhstan-based miner Kazzinc after potential buyers failed to match its valuation, reported Bloomberg. Sources familiar with the situation told the media outlet that Glencore has sent a termination letter to the unnamed bidders. Headquartered in Oskemen, Kazzinc is Kazakhstan’s largest producer of zinc, lead and precious metals. The company has…
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Two male workers from Glencore’s Mount Isa operations in Queensland received burn injuries in an incident at the complex’s copper smelter on 25 April. Glencore has not yet made any public statement, but per an ABC North West QLD report, the two have serious burns and one was in an induced coma and on breathing assistance in Brisbane for burns…
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Komatsu has now surpassed 700 commercial deployments of its FrontRunner autonomous haulage system (AHS) as of February. The achievement was met last month and includes over 100 units of the 980E-AT, one of the world’s largest ultra-class dump trucks capable of carrying 400 tons. The 700th AHS truck was deployed at Glencore’s Lomas Bayas copper mine in Chile, which first…
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Rhovan, a Glencore Ferroalloys managed vanadium mining and processing facility in South Africa, has commenced construction of a 25-megawatt solar photovoltaic plant that is expected to supply approximately 30% of the operations’ annual energy demand.
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A consortium led by Glencore has agreed to acquire Teck Resources’ steelmaking coal unit for $9 billion, marking one of the largest deals in the mining sector, according to Reuters. Glencore will own 77% of the business in a $6.9 billion cash deal, while 20% will go to Japan’s Nippon Steel Corp., which already holds a 2.5% stake. South Korea’s…
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After 60 years of copper mining, Glencore said it will close the Mount Isa Mines’ underground copper operations (Enterprise, X41 and Black Rock) and copper concentrator in the second half of 2025. Full story.
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