Glencore says will cooperate with investigation by Swiss

20th June 2020

By: Martin Creamer

Creamer Media Editor


Font size: - +

JOHANNESBURG ( – Diversified mining company Glencore stated at the weekend that it would cooperate with an investigation opened into it by the office of the attorney general of Switzerland.

Glencore stated in a release to Mining Weekly that it had been informed by the office of the attorney general that it had opened a criminal investigation into Glencore International AG.

The investigation had been opened, Glencore stated, for its failure to have the organisational measures in place to prevent alleged corruption in the Democratic Republic of Congo. This alleged corruption is currently under investigation by the Swiss auditor general office.

As one of the world’s largest global diversified natural resource companies, Glencore is a major producer and marketer of more than 60 commodities that advance everyday life. 

The operations of the group, headed by CEO Ivan Glasenberg, comprise around 150 mining and metallurgical sites and oil production assets.

With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by a global network of more than 30 marketing offices.

Its customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors.

London- and Johannesburg-listed Glencore also provides financing, logistics and other services to producers and consumers of commodities. Its companies employ around 160 000 people, including contractors, and it is a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. It is also an active participant in the Extractive Industries Transparency Initiative.

Edited by Creamer Media Reporter


The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at

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
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?