The 1,000 km (620 mile) rail line is used by miners including Glencore, MMG Ltd and South 32 to carry zinc and lead concentrate from the Mt Isa region.
Glencore Mining News
The Andean nation is the world's fifth-largest exporter of coal.
The layoffs come as Glencore considers a plan to stop mining oxide ores at Mutanda.
Mopani is one the biggest mining companies in Zambia -- Africa's No. 2 copper producer.
Major flooding has caused parts of Queensland to be declared disaster zones, resulting in two casualties and more than 1,100 evacuations.
Production of cobalt, used in batteries for EV's, reached 42,200 tonnes in 2018 while copper hit 1.453 million tonnes.
CSN is aiming to reduce debts that piled up after an iron ore and steel price rout in 2015-2016 and a severe recession in Brazil, prompting investors to demand asset sales.
While lithium spot prices moved only one way in 2018, cobalt experienced more of a rollercoaster ride.
It is improbable that a strike would have an impact on total exports.
We expect more companies to unveil energy transition blueprints in 2019.
Glencore tightened its grip by appointing new executives and entering a management services contract to run its troubled Congo copper and cobalt unit.
Some of the mining world’s top executives are starting to plan their departures.
Glencore lost exclusivity on Messla and Sarir.
It's been a tough year for mining, but the Big 3 were still a better investment than the FAANGs in 2018.
Don’t listen to what miners say. Look at what they do.
The effective tax rate will range from 86% to 105%, with about 27,900 jobs at risk - Zambia Chamber of Mines.
Industrial metal prices tumble as President Xi's defiant speech intensifies trade war fears, offer little on economic stimulus or market reforms.
Glencores Katanga Mining has today agreed to pay $22 million to settle allegations by Canadian regulators that it had failed to comply with disclosure requirements,
Japan’s biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore.
A settlement over an investigation into its accounting, the two sides said, without disclosing the terms of the settlement.
The expected settlement is related to the company’s business activities in the Democratic Republic of Congo between 2014 and 2016.
Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.
A joint approach could allow for resources to be unlocked that would likely not otherwise be productive - Ricus Grimbeek, COO, Vale’s North Atlantic Operations and Asian Refineries
Prosecutors said the companies bribed employees at Petrobras, as the Brazilian state oil company is known, to the tune of $15.3 million between 2009 and 2014.
Glasenberg, a workaholic, straight-talking South African who has become the public face of the commodity trading industry, has led Glencore for nearly two decades.