Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
Glencore
Podcast: Glencore-Rio Tinto merger challenged by complexity, ft Bloomberg Intelligence’s Olsha
This week’s episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli about the recent failed merger discussions between Rio Tinto…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
Rio Tinto, Glencore nix $260B mega-merger
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…
Ivanhoe in talks to send DRC zinc to US stockpile
Ivanhoe Mines (TSX: IVN) says it’s in advanced talks with the Democratic Republic of Congo’s state miner Gecamines and Swiss commodities trader Mercuria to route zinc-rich concentrate from the Kipushi…
Glencore hints at 2027 smelter closure absent deal
Glencore (LSE: GLEN) said it’s halting all spending on emissions reduction at its Horne smelter in northern Quebec after failing to reach a deal with the provincial government on a…
Glencore to sell 40% stake in DRC mines to US group
Glencore (LSE: GLEN) has entered a non-binding deal for the potential sale of a 40% stake in its mine assets in the Democratic Republic of Congo to the Orion Critical…
Copper is key at Rio-Glencore deadline
With the time limit for a Rio Tinto (NYSE, LSE, ASX: RIO) bid to acquire Glencore (LSE: GLEN) expiring this Thursday, The Northern Miner offers another look at how the…
Glencore says key issues remain in Horne smelter talks
Glencore (LSE: GLEN) said it remains at loggerheads with Quebec over the future of its controversial Horne smelter on the eve of a self-imposed deadline to settle the century-old facility’s…
Copper rally lifts 2026 earnings view for miners: report
Rising spot metal prices are setting up one of the strongest earnings years in recent memory for diversified miners, with Rio Tinto (ASX: RIO, LSE: RIO) and Glencore (LSE: GLEN)…
Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…
Indonesia quota talk triggers nickel reality check
Nickel surged early this month on fresh speculation that Indonesia may tighten ore-production quotas this year, but not everyone is convinced the rally has legs – or that it will…