Canadian Mining Journal

Glencore plc

  • 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,

  • News

    GOLD-SILVER: Franco-Nevada seals $800M financing for streaming deal with Glencore

    February 11, 2016 by Canadian Mining Journal

    PERU – Swiss mining giant Glencore is chipping away at its debt, and its latest move is the sale of a gold and silver stream from the Antapaccay copper mine to Franco-Nevada Corp. of Toronto. Antapaccay is a brownfield expansion

  • News

    SILVER: Silver Wheaton acquiring stream from Antamina mine

    November 4, 2015 by Canadian Mining Journal

    VANCOUVER – Silver Wheaton Corp. has arranged a streaming agreement with a subsidiary of Glencore to acquire silver from the Antamina copper mine in which Glencore has a 33.75% interest. The mine, located in the Andes Mountains 270 km north

  • News

    Glencore stock crash reverberates across mining sector

    October 8, 2015 by Canadian Mining Journal Editor

    Back in May 2013, as we editorialized about the still-fresh merger of trading house Glencore and mining major Xstrata – a deal creating a US$70-billion company that still ranks as the largest M&A move in mining history – we…

  • News

    SAFETY: Sudbury to host 2016 mine rescue contest

    September 29, 2015 by Canadian Mining Journal Editor

    ONTARIO – Sudbury will be the host of the 10th International Mines Rescue Competition from August 19-26, 2016.

  • News

    Glencore slashes near term copper production

    September 9, 2015 by Canadian Mining Journal Editor

    VANCOUVER — Copper producers have seen margins come under pressure as spot prices for the red metal have hovered near six-year lows and look poised to remain stuck below the US$3 per lb level over the medium term. London-based Glencore…

  • News

    COAL: Low prices push Alpha Natural, Optimum over edge

    August 4, 2015 by Canadian Mining Journal Editor

    UNITED STATES and SOUTH AFRICA – Alpha Natural Resources, a large US coal producer with head offices in Virginia, has filed for Chapter 11 bankruptcy. The bad news is not confined to this continent, either. Glencore subsidiaries Optimum…

  • News

    NICKEL: Glencore, Barrick to unload Kabanga project

    May 14, 2015 by Canadian Mining Journal Editor

    TANZANIA – According to reports appearing in both the Wall Street Journal and Metal Bulletin, partners Barrick Gold (50%) and Glencore (50%) are hoping to sell their Kabanga nickel exploration project. The project is at the feasibility…