Cobalt Tag

Chinese companies will lead the ongoing rebound of mergers and acquisitions (M&A) in the global mining sector in 2019, according to delegates at the China Mining conference in Tianjin. M&A activity in mining powerhouse Canada reached a seven-year high in the third quarter of 2018, boosted...

Regulations to implement the Democratic Republic of Congo's new mining code have been signed into law with no changes, despite complaints from top mining firms operating in the country. DRC’s Prime Minister Bruno Tshibala’s advisor Patrick Mutombo Buzangu told Reuters that the regulations were signed into...

Glencore has confirmed that the Democratic Republic of Congo’s state-owned mining company has begun legal proceedings to dissolve one of its subsidiaries because of a capital shortfall. In a company statement, the Anglo-Swiss commodities giant said it has ‘several options’ to address this shortfall at Kamoto...

Glencore (LSE:GLEN) increased its holding in Fleurette Properties subsidiaries with a US$960 acquisition announced yesterday. The multi-commodity miner purchased a further 31% stake in Mutanda Mining, bringing its interest to 100%, and an approximate 10.25% stake in Katanga Mining. Taking into account the various loans Glencore has...