Glencore is stepping into iron ore in Australia, after buying a stake in Atlas Iron.
Glencore is finally closing its Newlands Northern underground coal mine, slating its shutdown for June. The miner originally announced the site’s closure in 2014, proposing a December 2015 closure at the time due to end of mine life. This has now been pushed to Q2 of 2016. It is understood that a slower than first … Continue reading Glencore to close Newlands coal mine
Glencore has announced an agreement to sell $2.5 billion of its Agricultural Products to the Canada Pension Plan Investment Board, Canada’s largest pension fund.
Innovative cattle grazing trials are providing a viable option for post-mined land.
Glencore’s Bulga coal mine has had a fine doubled on appeal after being convicted of breaching work safety conditions.
Glencore’s Ulan coal mine has received the greenlight for a modification application to expand its underground mine.
Glencore has announced it intends to sell its Hunter Valley coal rail assets.
Glencore has carried out an early refinancing of its Revolving Credit Facility to replace its existing US$8.45 billion facility.
Increasing concerns over rising economic risks has caused a surge in mining stocks as investors flock to stable assets.
Glencore has followed BHP’s lead in being downgraded by Standard & Poor’s.
Blue chip miners stock has moved from black to red as ongoing volatility rocks the market.
Glencore will consider appealing a failed attempt to persuade the Government to regulate coal handling prices at the port of Newcastle.
Glencore has put its proposed Blakefield North underground coal project on hold in the face of weak coal prices.
Close to 80 per cent of workers at Glencore’s Collinsville coal mine will be cut next year as it rolls down mining.
Thiess has been awarded a $760 million contract to operate Glencore’s Mt Owen coal mine.
Two workers have suffered hand injures at Glencore’s Clermont coal mine.
More coal miners have walked off site, emulating workers at the Grasstree mine, following the re-emergence of black lung.
The CSA Copper mine at Cobar will see a fresh boost with the investment of $150 million in a new expansion.
Glencore has announced finalisation of an agreement with the Queensland Government which will keep the Mount Isa Mines Copper Smelter open until the end of 2022.
Glencore has announced its intention to sell its Cobar copper mine.