Canadian Mining Journal


Glencore plc


  • News

    TRANSPARENCY: Glencore subpoenaed by U.S. Dept. of Justice

    July 3, 2018 by Canadian Mining Journal

    WASHINGTON, D.C. – The U.S. Department of Justice issued a subpoena on July 2, 2018, for a subsidiary of Glencore plc of Baar, Switzerland. The department is seeking documents and other records with respect to compliance with The Foreign Corrupt

  • STREAMING: Glencore teams with Teachers for new royalty company

    November 16, 2017 by Canadian Mining Journal

    SWITZERLAND and ONTARIO – After weeks of rumours, Glencore looks to be on verge of creating a new base metals royalty company, and the company has attracted the Ontario Teachers’ Pension Plan as a partner. The new firm will be

  • IRON ORE: Champion moves closer to Bloom Lake reopening

    October 16, 2017 by Canadian Mining Journal

    QUEBEC – Champion Iron of Montreal has moved another step closer to reopening the Bloom Lake iron ore mine with the non-brokered sale of a $31.2 million subordinated unsecured mandatory convertible debenture to Glencore International. The debenture will mature in

  • LEAD-ZINC: Trevali buys African property portfolio from Glencore

    August 31, 2017 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. has agreed to pay US$417.9 million for Glencore’s portfolio of zinc assets in Africa. The deal includes an 80% interest in the Rosh Pinah mine in Namibia, a 90% interest in the Perkoa mine in

  • IRON ORE: Champion arranges off-take, financing with Glencore for Bloom Lake

    August 29, 2017 by Canadian Mining Journal

    QUEBEC – Montreal’s Champion Iron has secured conditional financing of $31 million from Glencore International for its Bloom Lake iron ore mine reopening. As part of the deal, Champion and Glencore will enter into an off-take agreement with fixed terms

  • News

    ZINC: Trevali to acquire Glencore’s zinc interests in Africa

    May 18, 2017 by Canadian Mining Journal

    AFRICA – Shareholders of Vancouver-based Trevali Mining Corp. approved the acquisition of interests in three African zinc properties from Glencore plc. The deal includes Glencore’s 80% interest in the Rosh Pinah mine in Namibia, a 39% interest in the Gergarub

  • News

    Trevali CEO discusses Glencore deal, zinc markets

    March 29, 2017 by Canadian Mining Journal

    VANCOUVER — Trevali Mining (TSX: TV) is set to become a major player in the zinc business following an aggressive, $400-million deal with commodity giant Glencore (LON: GLEN). The company expects the transaction to make it the world’s eighth-largest producer of the industrial metal, and

  • News

    ZINC: Trevali secures position among world producers

    March 14, 2017 by Canadian Mining Journal

    VANCOUVER – Trevali Mining Corp. has launched itself into the ranks of global zinc producers with its purchase of interests in two producing mines in Africa. The company is picking up an 80% interest in the Rosh Pinah mine in

  • AWARDS: Glencore sweeps MAC’s TSM excellence awards

    May 3, 2016 by Canadian Mining Journal

    OTTAWA, May 3, 2016 /CNW/ – For their innovative projects that raise the bar for corporate responsibility in the Canadian mining sector, Glencore‘s Kidd Operations and Raglan mine were recognized with 2016 Towards Sustainable Mining (TSM) Excellence Awards Monday evening at the CIM

  • News

    SILVER: Silver Wheaton closes $550M bought deal to pay for Antamina stream

    April 7, 2016 by Canadian Mining Journal

    VANCOUVER – Silver Wheaton Corp. has closed a US$550-million bought deal common share financing consisting of 13.14 million shares at a price of US$16.60 each. The proceeds will be used to repay a portion of the loan drawn down for

  • News

    INVESTMENT: CPPIB pays US$2.5B for 40% of Glencore’s agriculture business

    April 6, 2016 by Canadian Mining Journal

    TORONTO – The Canada Pension Plan Investment Board (CPPIB) has purchased a 40% equity interest in Glencore’s agricultural business for US$2.5 billion payable upon closing. The transaction values the entire agribusiness unit at US$6.25 billion. Glencore’s agribusiness includes wheat, corn,

  • News

    Lily, Katanga disasters underline a stark reminder on mine safety

    March 10, 2016 by Canadian Mining Journal

    VANCOUVER – Twin disasters at two large-scale mining operations in Africa serve as a stark reminder that the number one priority in mining – and any industrial business that deals with heavy equipment and large job sites – shouldn’t be production metrics,