Glencore halts Cerrejón coal railway after attack
Glencore’s (LSE: GLEN) Cerrejón coal mine in Colombia halted railway operations after explosives struck its network, marking the sixth attack on its infrastructure this year. A train was affected by…
Glencore
Comment: Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting
Canada spent the first half of September answering Washington’s trade escalation dollar for dollar after the United States imposed 50% tariffs on a broad range of Canadian goods that extend…
Radiant World sues Glencore for $2 billion
Radiant World and Sapphire Minmetals have sued Swiss miner and commodities trader Glencore (LSE: GLEN) in Singapore, seeking $2 billion (C$2.8 billion) in damages. Sapphire Minmetals, which used to be…
Chile mines 1/4 of world’s copper, but smelts just 4%
Chile, the world’s largest copper producer, is mining nearly a quarter of global concentrate while smelting just 4.2% of the world’s copper, exposing a widening gap in a supply chain…
Rio Tinto buys Aurukun bauxite project from Glencore, Mitsubishi
The deal comes as Rio Tinto looks to end operations at its Gove bauxite mine in Australia’s Northern Territory by 2030.
SW US: New US lithium mines are coming
Albemarle’s (NYSE: ALB) Silver Peak mine in Nevada – the only active lithium resource in the United States – could soon have company. As many as nine new lithium mines…
Glencore looms over Anglo-Teck’s $1.4B copper prize: FT
Glencore (LSE: GLEN) could complicate Anglo American’s efforts to capture the biggest gains from its $53-billion merger with Teck (TSX: TECK.A TECK.B, NYSE: TECK) as the miners negotiate how to…
Zinc price jumps to 4-year high
Zinc climbed to its highest level since June 2022 on the London Metal Exchange (LME) as warehouse stockpiles drained to multi-year lows and mine supply cuts tightened the physical market….
Stillwater more than triples Montana resource
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) has established an initial indicated resource and more than tripled inferred tonnage at its Stillwater West project in Montana, sharply increasing its inventory…
Korea taps Glencore for copper with $1B loan deal
South Korea’s export credit agency will lend $1 billion to Glencore (LSE: GLEN) in exchange for copper supplies to Korean companies, securing access to a metal increasingly vital to artificial…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
US investor group taps Glencore in bid for Sherritt
A U.S. investor group that includes Glencore (LSE: GLEN) is offering to recapitalize Sherritt International (TSX: S) and acquire control of the beleaguered miner whose survival is in doubt following…