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Glencore

Glencore is a multinational commodity trading and mining company headquartered in Baar, Switzerland. The company operates across the entire supply chain of more than 60 commodities, combining mining and metals production with marketing, logistics and industrial processing activities. Glencore is listed on the London Stock Exchange and the Johannesburg Stock Exchange, making it one of the world's largest diversified natural resource companies by revenue and market capitalisation. Its core business segments include metals and minerals, energy products and agricultural products, with significant operations in copper, cobalt, zinc, nickel, coal and oil. The company operates mines, smelters, refineries and storage facilities across more than 35 countries on six continents, employing approximately 150,000 people including contractors. Major mining assets include copper operations in Africa and South America, coal mines in Australia, Colombia and South Africa, and zinc operations in Australia, Canada and Kazakhstan. Glencore holds significant stakes in several major mining ventures, including a 44% interest in the Collahuasi copper mine in Chile, one of the world's largest copper deposits. The company generates annual revenues exceeding $200-billion, positioning it among the top commodity traders globally. Glencore was formed in 1974 as Marc Rich + Co and rebranded in 1994, before completing its initial public offering in 2011 and merging with Xstrata in 2013 to create the current integrated mining and trading powerhouse.

Glencore News


Larvotto signs Hillgrove gold concentrate offtake agreement with Glencore
Larvotto signs Hillgrove gold concentrate offtake agreement with Glencore
9th June 2026 By: Sabrina Jardim

ASX-listed Larvotto Resources has announced the execution of a binding offtake agreement for the sale of gold concentrate produced during the first seven years of mining at the Hillgrove project,... 


The Ambatovy mine site
Sumitomo finances Ambatovy stake sale to exit project, sources say
8th June 2026 By: Reuters

Sumitomo Corp provided financing to the buyers of its 54% stake in Madagascar's Ambatovy nickel operation, smoothing its exit from the loss-making project, three sources familiar with the matter... 


Image of the Prieska mine
Prieska Copper Zinc Mine, South Africa – update
5th June 2026 By: Sheila Barradas

The remaining conditions precedent to the Glencore financing and offtake agreement, updated intercreditor arrangements and linked offtake agreements, are expected to be completed by the end of the... 


Coveyor at Eland mine
Eland mine complex, South Africa – update
5th June 2026 By: Sheila Barradas

Eland’s ramp-up is continuing on schedule. 


Cerrejon coal mine
Glencore temporarily suspends Cerrejon coal mine operations over road blockades
3rd June 2026 By: Reuters

Glencore's Cerrejon mine in Colombia, one of the world's largest open-pit coal mines, is monitoring blockades that forced it to suspend operations, it said in statements this week. The site halted... 


An image of the Glencore-Merafe chrome venture
Glencore-Merafe venture withdraws Section 189 process
1st June 2026 By: Tasneem Bulbulia

The Glencore-Merafe chrome venture has withdrawn a Section 189 process following the approval of a proposed discounted tariff for South African ferrochrome producers by the National Energy... 


Samukelo Madlabane - Event Director – Mining VUKA Group
Africa’s mining future takes shape at DRC Mining Week 2026
29th May 2026

Few countries on earth hold the geological potential of the Democratic Republic of the Congo (DRC). From copper and cobalt to lithium, manganese, tin, and rare earths, the DRC is not only central... 


BlackRock sees merit in large-scale mining M&A
27th May 2026 By: Reuters

BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it easier to bring on large and complex projects needed for... 


Glencore CEO Gary Nagle
AustralianSuper says possible Glencore listing on ASX would be positive
27th May 2026 By: Reuters

Pension fund AustralianSuper on Wednesday said if Glencore decides to list shares on the ASX, it would be "positive" for both the bourse and the Swiss-based commodities trader and miner. "If they... 


Northern Cape copper mining being revived.
Capital raised to turn South African copper projects into mining operations
22nd May 2026 By: Martin Creamer

More than R180-million has been raised to transition key copper projects in South Africa’s endowed Northern Cape into operations as early as in the second quarter of this year. The strongly... 


Image of base metals definition
Collahuasi copper mine debottlenecking project, Chile – update
22nd May 2026 By: Sheila Barradas

The Second Environmental Tribunal intends to set aside the environmental authorisation issued by the Environmental Assessment Service in 2021 to the independently managed Collahuasi copper mine for... 


Collahuasi copper mine
Anglo, Glencore seek clarification on Collahuasi enviro authorisation
18th May 2026 By: Marleny Arnoldi

Diversified miners Anglo American and Glencore on May 18 acknowledged a ruling made by Chile's Second Environmental Tribunal, which opted to set aside the environmental authorisation issued by the... 


Prieska underhround
Prieska copper/zinc mine, South Africa – update
15th May 2026 By: Sheila Barradas

Operational readiness and value engineering are advancing. 


Codelco's El Teniente mine
Copper output from Chile's Codelco down 10% in March
12th May 2026 By: Reuters

SANTIAGO – Copper production from Chilean State-run miner Codelco fell 9.98% year-on-year in March to 110 900 metric tons, data from copper commission Cochilco showed on Tuesday. Production at... 


The Trojarova mine
Race for critical minerals leaves EU struggling to keep up
11th May 2026 By: Bloomberg

For the EU, the fate of a Cold War-era mine near Bratislava is becoming a litmus test for its ambition to break free from China’s chokehold over critical minerals. Sitting in a wooded range of... 


The Los Azules project area
Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say
10th May 2026 By: Reuters

Rio Tinto is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers increasing its 17.2% stake in the development, two industry... 


The Cerrejon coal mine
Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
10th May 2026 By: Reuters

Colombia's government on Friday said it will ask miner Glencore to meet with authorities in the northern province of La Guajira as well as community representatives to discuss the closure of the... 


CIM president-elect Lucy Potter
Canadian Institute of Mining Metallurgy and Petroleum announces 2029 president-elect
4th May 2026 By: Creamer Media Reporter

The Canadian Institute of Mining Metallurgy and Petroleum (CIM) has appointed Lucy Potter incoming president-elect for 2028 and 2029. Potter will assume the role of CIM president in May 2028,... 


Mining M&A volumes, value start the year off strong – White & Case
Mining M&A volumes, value start the year off strong – White & Case
30th April 2026 By: Sabrina Jardim

Analysis from global law firm White & Case shows that mining merger and acquisition (M&A) transaction activity recorded its fastest start to a year since 2023 in terms of both transaction volumes... 


Glencore's Tweefontein coal mine in South Africa
Glencore's weak first-quarter coal output offset by higher copper production
30th April 2026 By: Creamer Media Reporter

Diversified miner Glencore has reported a 22% year-on-year decrease in steelmaking coal production to 6.5-million tonnes for the first quarter, primarily owing to pit sequencing at Elk Valley... 


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