“There is no renegotiation taking place because a law has been passed in parliament to change the tax regime."
Glencore plc Mining News
Ore grades and efficient processing increase output in the world's top producer of the red metal.
The project at Collahuasi is one of the world's largest copper mines, with an estimated 2018 production of 545,000 tonnes.
Don’t listen to what miners say. Look at what they do.
The punishment from the OSC is a response to false accounting from Katanga that saw it overstate how much it mined in the Democratic Republic of Congo in 2014.
Last week Glencore warned that some buyers in China reneged on contracts after seeing prices plunge, forcing the company to renegotiate the commercial terms of the deals.
"CCS is a get-out-of-jail card and a great business opportunity,” - Michael Liebreich, founder of Bloomberg NEF research group.
From riding high on cobalt’s boom, Glencore Plc traders are feeling the heat as falling prices and reneged contracts put a dent in profit.
Congo is Africa's top copper producer and mines more than 60 percent of the world's cobalt
Boards are pushing for candidates with gender and age diversity.
Kabila’s anointed successor in power would raise the risk of instability in a key supplier of the metals used in electric vehicles and mobile phones.
For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal.
Greece has shortlisted Anglo-Swiss Glencore and Swiss Vitol to submit a binding bid for a majority stake in the country's biggest oil refiner Hellenic Petroleum
Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.
Glencore Plc will buy back as much as $1 billion of its shares, a move that may soothe investor concerns after the world’s top commodity trader was hit by a U.S. Department of Justice probe earlier this week.