Glencore’s great game is avoiding US sanctions: Chris Bryant
Glencore says its subsidiaries will pay Gertler what he’s owed, only the funds will be transferred in euros and U.S. citizens won’t be involved.
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Glencore settles legal row with former partner over Congo royalties
The Swiss firm will make mining royalty payments to Dan Gertler in euros so that it doesn’t fall foul of US sanctions, which were placed on the Israeli billionaire last year.
Coal’s 20-year reign masks a brewing revolution
BP’s latest Statistical Review of World Energy, released Wednesday, contains a chart that could leave environmentalists feeling somewhat flat.
Seawater yields first grams of yellowcake
Yarn-like material collects largest amount of uranium to date.
The future of gold exploration is under cover
In the world’s most prolific gold jurisdictions, there are massive amounts of land that have not yet been explored because of cover.
Congo miner Gecamines plans to renegotiate with foreign partners
Heavily in debt and with dwindling output, Gecamines has long complained about its joint venture terms.
Congo plans to start $13.9 bn hydropower project this year
The plant would form part of a larger Grand Inga hydropower complex spanning the Congo River.
Vedanta mulls options for Indian iron ore workers after shutdown-sources
Vedanta is considering options including lay-offs for some of the 2,000 employees of its iron ore business that was shut down by a court.
Romania says Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators
Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.