A Glencore copper operation in Peru has been targeted by vandals amid a rash of protests in the southern Andes, according to reports. Reuters said on 12 January that political protestors attacked the Antapaccay copper mine that day, citing a statement from a top mining official. The country is currently in the throes of its worst civil unrest in several…
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Canada blocks Sukunka project
Glencore’s plan to develop the Sukunka steelmaking coal project in Western Canada has hit a major hurdle: the government’s rejection. Full article.
Read MoreGlencore to pay US$180 million to DRC for past corruption
Glencore has reached an agreement with the Democratic Republic of Congo covering all present and future claims arising from alleged acts of corruption by the miner in the DRC between 2007 and 2018. Under the agreement, Glencore International AG, on behalf of its Congolese-associated companies, will pay the DRC US$180 million and will continue to implement the Ethics and Compliance…
Read MoreGlencore gains larger stake in MARA project
Glencore will soon own 43.75% of the MARA project in the Catamarca province of Argentina after entering an agreement to acquire Newmont’s 18.75% shareholding. Under the terms of the deal, Glencore will pay Newmont $124.9 million upon closing and a $30 million deferred payment upon commercial production subject to an annual interest charge of 6%. Total deferred consideration is capped…
Read MoreStrike ends at Glencore’s Raglan
After more than 100 days, more than 630 union workers at the Glencore Raglan operation in Quebec, the province’s largest nickel mine, are headed back to work with a new contract. Read full article.
Read MoreGlencore secures multi-year green aluminium deals
Glencore has entered into a 10-year alumina supply and aluminium offtake agreements with Malaysian-based Press Metal Bintulu, one of the leading global producers of green aluminium. Read full article.
Read MoreBrook new president at AusIMM
The Australasian Institute of Mining and Metallurgy (AusIMM) has tapped a new president for 2023 with the election of Nicole Brook. Read full article.
Read MoreGlencore picks Epiroc for all-electric Onaping
Epiroc has won a large order from Glencore to supply battery electric and automation equipment to the Onaping Depth nickel and copper project in Ontario, Canada, that is set to begin production in 2024. Read full article.
Read MoreGlencore workers striking in Canada
More than 600 members of the United Steelworkers union have gone on strike at Glencore’s Raglan nickel mine in the Nunavik region of Quebec, Canada, suspending production. Read full article.
Read MoreColombian government asks nation’s coal mines to up exports
The government of Colombia is reportedly requesting the coal mines in the nation to increase their exports to European, Central American and Caribbean countries as each requests additional supplies amid the Ukraine crisis. Mines and Energy Minister Diego Mesa Puyo told Reuters that, with the shake-ups in global energy flows, it has entered talks with Glencore’s Cerrejon mine in the…
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