Congo state miner wins Glencore copper marketing rights
THE Democratic Republic of Congo’s state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore’s Kamoto Copper Company…
Glencore to extend KCC in land deal with Gécamines
GLENCORE said on Wednesday an agreement with Gécamines to access additional land titles had boosted ambitions to increase production from its Kamoto Copper Company (KCC) in the…
Glencore in talks to sell DRC copper assets for $9bn
GLENCORE said on Tuesday it was in talks to sell a 40% stake in its copper and cobalt mines in the Democratic Republic of Congo. A memorandum of understanding had been signed…
Glencore to reopen Alumbrera as targets 1.6mt/y in copper output
GLENCORE annnounced today the restart of its Alumbrera mine in Argentina by late 2026 as it sought to give fresh momentum to its struggling copper division. Amid a downgrade of…
Glencore trims copper guidance despite strong Q3 recovery
GLENCORE trimmed the upper end of its copper production forecast for 2025 despite a strong recovery in the metal’s output in the third quarter. Full year output of the red metal…
Glencore looks to better second half of 2025
DISLOCATION of global commodity trade routes over the next few months as a result of US tariff hikes could represent opportunities rather than threats for global miner and trader…
Glencore to post healthy marketing profit amid “elevated” rates
GLENCORE said its marketing division would benefit from high interest rates helping it report earnings before interest and tax of between $3bn to $3.5bn for its 2024 financial…
Adopting digital solutions in mining has benefits for business, employees and communities
DIGITAL disruption has accelerated across many industry verticals. Mining houses are no different as technology solutions streamline operations, and increase visibility, safety,…
Deadly collapse at Glencore’s Congo mine claims over 40 lives
The death toll at the Glencore-owned Kamoto Copper Company (KCC) mine in the Democratic Republic of the Congo has risen to over 40. Reuters reports that at least 41 artisanal…