https://www.miningweekly.com

Receive our free daily newsletter:

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


A block with the symbol, atomic number and mass number of cobalt
Congo withdraws unused cobalt export quotas
30th June 2026 By: Reuters

Democratic Republic of Congo will withdraw unused cobalt export rights under first-half quotas and reassign them to a state-controlled entity, its strategic minerals regulator said, tightening... 


BHP CEO Brandon Craig
Strikes, soaring costs and M&A await BHP's new CEO Craig
25th June 2026 By: Reuters

Newly minted BHP CEO Brandon Craig faces a crowded in-tray as he takes mining's top job on July 1, from threatened iron ore strikes and ballooning costs to a potential uranium push and a febrile... 


Sibanye-Stillwater COO Richard Cox.
Sibanye-Stillwater’s mass of metal ‘probably one of planet’s biggest’
24th June 2026 By: Martin Creamer

This is an incredible endowment and we are executing a deliberate strategy to extract more value from every single square metre of our resource base, an ebullient Sibanye-Stillwater COO Richard Cox... 


A copper mine in the DRC
Congo eyes co-ops, credit scheme to fund mine workers' equity stakes
24th June 2026 By: Reuters

The Democratic Republic of Congo is considering a plan to help mining employees acquire mandatory stakes in the companies they work for through worker cooperatives and company-financed credit, a... 


Rio Tinto's Rincon lithium operation, in Argentina
Rio Tinto sees lithium as fastest-growing division, executive says
24th June 2026 By: Reuters

Rio Tinto expects its lithium business to grow faster than its copper, iron-ore and other divisions as it works to triple production by 2028 for the electric vehicle and battery storage markets, an... 


Artisanal gold mining in the DRC
Congo miners seek delay to 5% worker equity rule before July deadline, sources say
18th June 2026 By: Reuters

Miners in the Democratic Republic of Congo are seeking a delay to a government directive requiring them to grant a 5% equity stake to Congolese employees, while unions are pushing for immediate... 


Orica blasting
Australian explosives maker Orica flags Ebola, coal risks
18th June 2026 By: Reuters

Orica, the world's top supplier of commercial explosives, said on Wednesday it is facing a string of challenges around the world that could affect demand for its services, including Ebola and a... 


Glencore Canada's Horne copper smelter in Québec
Canada's only copper smelter allowed leeway with air emission reductions, Glencore confirms
12th June 2026 By: Marleny Arnoldi

Copper producer Glencore Canada has welcomed the Québec government's passage of Bill 11, which establishes a stable regulatory framework for the Horne Smelter operations through to 2033. This... 


Northern Cape copper mining being revived.
Capital raised to turn South African copper projects into mining operations
12th June 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... 


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... 


1
2 3

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.102s - ct: 0.158s - 275pq - 2rq
Subscribe Now