Glencore’s great game is avoiding US sanctions: Chris BryantGlencore says its subsidiaries will pay Gertler what he’s owed, only the funds will be transferred in euros and U.S. citizens won’t be involved.Bloomberg Opinion | June 15, 2018 | 7:00 am
Glencore settles legal row with former partner over Congo royaltiesThe Swiss firm will make mining royalty payments to Dan…Cecilia Jamasmie | June 15, 2018 | 2:58 am
Congo plans to start $13.9 bn hydropower project this yearThe plant would form part of a larger Grand Inga…Bloomberg News | June 14, 2018 | 11:33 am
Canada sees China as less ‘dependable’ partner on critical minerals, minister says Canada in 2022 asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers after a national security review. Reuters | September 26, 2023 | 11:53 am
K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023. Staff Writer | September 26, 2023 | 9:27 am
Glencore bought at least 5,000t of Russian copper via Turkey – report The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy’s Livorno port. Staff Writer | September 26, 2023 | 8:41 am
Congo plans new copper-cobalt smelter to serve informal miners The project will be developed by privately held Congolese firm Buenassa Sarl and is expected to cost $350 million. Bloomberg News | September 26, 2023 | 7:54 am
Philippines’ lower house passes bill overhauling mining tax system Under the bill, large-scale metallic mining operations within mineral reservations shall be subject to a royalty rate of 4% of the gross output. Reuters | September 26, 2023 | 7:45 am
Alcoa names new CEO in abrupt change as Harvey exits William Oplinger, chief operations officer, is the natural successor. Bloomberg News | September 25, 2023 | 4:02 pm
Nickel fraud: Same paper in, same paper out As these cases show, fraudsters went to great lengths to dupe their counterparties with considerable success for some 18 months while they pocketed more than $326m. Guy Hardaker - Watson, Farley & Williams | September 25, 2023 | 3:45 pm
Panama union workers block highways over First Quantum copper mine contract The contract is under discussion in Panama’s legislative commerce committee. Bloomberg News | September 25, 2023 | 3:14 pm
Colombian mining sector needs clear government messaging for energy transition, group says Leftist President Gustavo Petro has made it his goal to wean the South American nation off its dependence on oil and coal exports. Reuters | September 25, 2023 | 1:27 pm