Glencore to help build US minerals stockpile with $500M government financing
Swiss miner and commodities trader Glencore (LSE: GLEN) will help build a U.S. critical minerals reserve after receiving a $500 million commitment from the Export-Import…
Glencore
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. …
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…
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…
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…
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…
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…
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…
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…
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…
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…