Canadian Mining Journal


Glencore plc


  • 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…

  • News

    GOLD: Gowest still hopes to use Kidd concentrator

    January 7, 2015 by Canadian Mining Journal Editor

    ONTARIO – Gowest Gold of Toronto says it has received an extension of the non-binding letter of intent to refurbish and use the D line at the Kidd concentrator in Timmins to treat ore from Gowest’s Bradshaw deposit.

  • DIGEST: What happened over the Holidays

    January 5, 2015 by Canadian Mining Journal Editor

    While everyone, including the CMJ staff, was enjoying some time away from the desk over the last two weeks, there were a few significant stories you might have missed:

  • News

    Cash preservation is the name of the game at Alderon

    December 11, 2014 by Canadian Mining Journal Editor

    With iron ore prices off 49% year-on-year at US$71 per tonne, Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) says it has no choice but to start a “comprehensive” cash preservation program.

  • News

    Glencore to shut Australian coal mines temporarily

    November 18, 2014 by Canadian Mining Journal Editor

    Glencore (LSE: GLEN) says it plans to shut down its coal operations in Australia for three weeks starting from mid-December due to slack demand and weak prices.

  • News

    COAL: Morien waives opportunity to buy out Donkin partner

    August 25, 2014 by Canadian Mining Journal Editor

    NOVA SCOTIA – Two weeks ago Morien Resources Corp. was given notice that its partner in the Donkin coal project on Cape Breton wished to dispose of its 75% interest in the project. Because Morien held a right of first refusal, Glencore…

  • News

    NICKEL-PGM: Royal Nickel files West Raglan technical report

    July 29, 2014 by Canadian Mining Journal Editor

    QUEBEC – Royal Nickel Corp. of Toronto says the technical report for the West Raglan nickel-platinum group project has been filed on SEDAR and on its website. The project is 100% owned by True North Nickel, a private company in which…

  • News

    IRON ORE: Glencore signs off-take for Kami concentrate

    July 29, 2014 by Canadian Mining Journal Editor

    LABRADOR – Alderon Iron Ore Corp. of Vancouver, 75% owner of the Kami iron ore development near Wabush, says that Glencore has signed an off-take agreement for Kami output. When production begins in 2015, Glencore will buy 40% of the…

  • NICKEL-COPPER: Canada’s first industrial-scale wind power facility at Raglan mine

    June 10, 2014 by Canadian Mining Journal Editor

    QUEBEC – Canada’s first industrial-scale wind power facility is being installed in two phases at Glencore Xstrata’s Raglan nickel-copper mine near the tip of the Ungava Peninsula. The mine is well sited to take advantage of the wind…

  • Feature

    Five new coal mines proposed for B.C.

    May 1, 2014 by Canadian Mining Journal Editor

    As mentioned above, here’s a brief description of the five projects proposed for British Columbia.

  • News

    COPPER: Glencore sells Las Bambas for $5.85B to Chinese

    April 14, 2014 by Canadian Mining Journal Editor

    PERU – Swiss miner Glencore Xstrata Plc has agreed to sell its Las Bambas copper project to a consortium 65% owned by MMG Limited of Hong Kong, 22.5% Guoxin International Corp. and 15.0% by Citic Metal Co. Price of the transaction is…