Glencore Tag

South Africa’s mining sector woes continued in November 2019, when production fell 3.1% year-on-year primarily due to extensive power outages which impacted operations across the country. The latest data released by Statistics South Africa revealed that platinum group metals suffered the steepest decline, with production dropping...

BHP has become the latest mining giant to consider exiting thermal coal as climate change pressure from investors and activists continues to push companies away from polluting fossil fuels. According to unnamed sources familiar with the matter, BHP is looking at options to divest its thermal...

Glencore’s mining subsidiaries in the Democratic Republic of Congo have been served freezing orders for alleged unpaid royalties amounting to nearly US$3 billion. The freezing order was served in the DRC by Ventora Development Sasu, a company affiliated with Israeli billionaire Dan Gertler. The firm is seeking...