glencore mine drc

DRC: Glencore copper-cobalt mine allegedly linked to ...

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DRC 360

2021-8-21 · While Glencore does not process, buy or trade ASM material, we believe that legal ASM can play an important and sustainable role in the DRC economy when carried out responsibly and transparently. We are also proud of the contribution made by our Kamoto Copper Company (KCC) operations in the DRC to tackling the root causes of child labour and ...

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DRC : Glencore''s Katanga Mining to pay investors $1m

2021-3-31 · Trader Glencore''s subsidiary Katanga Mining, operator of the Congolese Kamoto copper mine, reached an amicable settlement with its US shareholders on 5 March in which it will pay the investors $1m 2017, a group of minority shareholders took out a class action against Katanga Mining seeking compensation for stockmarket losses they attribute to reports of alleged "international fraud ...

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Glencore confirms the commissioning of operations at the ...

2021-6-22 · Glencore confirms the commissioning of operations at the Mutanda Mining mine by the end of 2021 (press release) DRC New Mining Projects Glencore confirms the commissioning of operations at the Mutanda Mining mine by the end of 2021 (press release) June 22, 2021June 22, 2021arnbethnic

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Glencore to restart operations at Mutanda copper, cobalt ...

2021-5-19 · DRC – Anglo-Swiss multinational mining company Glencore has announced plans to restart operations at Mutanda, the world''s biggest cobalt mine that also produces large amounts of copper in the Democratic Republic of Congo in 2022, a source with direct knowledge of the matter told Reuters.. Glencore, one of the world''s largest copper producers and leading cobalt producer, said in February ...

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Mutanda to re-start by year end, says Glencore

2021-6-22 · Glencore has confirmed it will re-start operations at its Mutanda cobalt mine in the DRC by the end of the year before resuming production in 2022. Antoinette N''Samba Kalambayi, the DRC''s new mines minister, met with representatives from the Swiss company on Monday to discuss the restart, the ministry said in a statement sent to reporters. The ...

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Controversy surrounds Glencore''s stake in UK battery …

2021-8-18 · Glencore owns the huge Mutanda mine in DRC, where cobalt is extracted as a byproduct of what was the mine''s main attraction – copper. Operations were suspended in 2019 but, partly thanks to ...

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Glencore backs cobalt mining pact in DR Congo | Financial ...

Glencore has backed a new alliance to support small-scale cobalt mining in the Democratic Republic of Congo, in a move aimed at creating a responsibly sourced standard to promote the metal''s use ...

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Cobalt: Glencore ramps up production in the DRC — Roskill

2020-2-13 · Glencore also owns and operates the Mutanda mine in the DRC which was placed on care and maintenance in November 2019. The closure followed a fall in cobalt prices. Previously, many cobalt miners had expanded their capacities, hoping to capitalise on higher cobalt prices brought on by the anticipation of EV uptake worldwide.

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Glencore

2021-8-22 · In the DRC, Glencore has helped improve the learning conditions of over 54,000 primary and secondary aged children. In doing this, we are building sustainable livelihoods that ensure the benefit of our presence continues once the mining stops.

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DRC: Glencore copper-cobalt mine allegedly linked to ...

2021-8-23 · An Environmental Justice Atlas case study alleges that Glencore''s subsidiary Kantaga Mining operates a copper-cobalt mine which has polluted local water sources, been linked to child labour, engaged in tax evasion and threatened human rights defenders. This …

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Glencore to reopen one of world''s biggest cobalt mines in ...

2021-6-21 · Glencore could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo by the end of 2021, about two years after idling the mine. Congo''s new mines minister ...

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Glencore to reopen one of world''s biggest cobalt mines in ...

2021-6-22 · Glencore Plc could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo by the end of 2021, about two years after idling the mine. Congo''s new mines minister ...

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Glencore

2020-9-29 · The name Glencore is an abbreviation of Global Energy Commodity Resources. After acquiring Prodeco Coal in Colombia in 1995, Glencore became a top thermal coal exporter. In 2000, the company began producing copper after acquiring shares in Mopani, Zambia. In 2002, Glencore released an initial IPO through Xstrata and by 2011, the company began ...

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DRC : Much ado over Glencore-owned Shabara mine

2021-7-23 · On 15 July, Congolese NGO Justicia Asbl published a report criticising the release two days before of "poisonous snakes at the Shabara mine" in Lualaba "by Mutanda Mining" (Mumi), Swiss giant Glencore''s subsidiary in the DRC. According to the NGO, this stunt was meant to chase away diggers from the Coopérative minière du Katanga (Comakat).. Glencore firmly denied the accusations and …

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Glencore Closure To Hit DRC Mine Production, Bolster ...

2019-8-8 · The Latest: On August 6 reports emerged that Glencore plans to shut its major cobalt and copper-producing Mutanda mine in the DRC by the end of 2019, citing a deteriorating financial environment due to low cobalt prices, increased costs and higher taxes.Furthermore, the company lowered its guidance for its Katanga Mining unit in the DRC. The company now expects Katanga to …

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The inside story of Glencore''s hidden dealings in DRC ...

2017-11-5 · Revealed: Glencore''s secret loan to secure valuable DRC mining rights A copper mine seen from the air in Katanga province, DRC. Photograph: Bloomberg via Getty Images, Guardian design team

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Glencore reports acid spill in DRC

2021-4-7 · Glencore has confirmed that a tank containing sulphuric acid ruptured in mid-March at its Kamoto Copper Company (KCC) mine in Katanga Province, the Democratic Republic of the Congo (DRC). Glencore rejected reports of a tank explosion. FL sets sights on zero water waste in mining industry. SPONSORED.

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Glencore in Katanga, DRC | Raid

2021-8-18 · Glencore claims that it has no control over the DRC mine police, yet they are in the company''s pay, and their operations appear to be directed by KCC''s Security Department. KCC has closed the only road connecting the townships of Kapata …

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Glencore shares fall after DRC mine collapse | Financial Times

Glencore shares fall after DRC mine collapse. At least 19 illegal miners were killed on Thursday in an incident at a copper and cobalt mine operated by Glencore''s subsidiary in the Democratic ...

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DRC: Glencore plans to restart copper and cobalt ...

2021-5-19 · DRC: Glencore plans to restart copper and cobalt production at Mutanda mine in 2022 May 19, 2021 May 19, 2021 Janet Glencore plans to restart operations at Mutanda – the world''s largest cobalt mine that also produces large amounts of copper – in the Democratic Republic of the Congo next year, a source with direct knowledge of the matter ...

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Glencore set to reopen DRC''s Mutanda copper/cobalt …

2021-5-19 · GLENCORE is to reopen its Mutanda mine in the Democratic Republic of Congo (DRC) next year, said Reuters citing a source with direct knowledge of the matter.. Mutanda, the world''s largest cobalt mine and which also produces large amounts of copper, was mothballed in November 2019 in a context of falling cobalt prices, increased costs, and higher taxes that had dented the mine''s economic ...

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Glencore to cut workers at key DR Congo copper and …

Glencore will axe workers at a key mine in the Democratic Republic of Congo, as it faces lower cobalt prices and higher costs under a new mining code. ... the DRC''s secretary-general of mining ...

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Glencore confirms reopening of DRC''s Mutanda …

2021-6-22 · GLENCORE could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo (DRC) by the end of 2021, about two years after idling the mine, …

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Glencore and Britishvolt sign strategic partnership for ...

1  · Glencore is one of the world''s leading producers of cobalt; in 2020, Glencore produced 27.4 kt of cobalt at its assets. Glencore produces cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada.

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Cobalt

2  · We produce cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada.

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We present to you Glencore, a mining giant pinned for its ...

2021-8-16 · The Paradise Papers also expose "the mysterious financial circuits" of the mines of Katanga, in the east of the Democratic Republic of Congo (DRC), on which Glencore got its hands in 2007. Here is what we know about Glencore, this Anglo-Swiss giant, which owns 150 mines, oil wells and agricultural sites around the world.

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Swiss Glencore Plc Hints On Reopening Idle Cobalt Mine …

2021-6-22 · Glencore Plc could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo by the end of 2021, about two years after idling the mine. Congo''s new mines minister, Antoinette N''Samba Kalambayi met with representatives from the Swiss company Monday to discuss the restart of the mine, which closed in November 2019, […]

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Glencore-Katanga Mining Ltd., Democratic Republic of …

2019-2-19 · Glencore-Katanga Mining Ltd., Democratic Republic of Congo (DRC) The largest worldwide production of Cobalt brings environmental and water pollution, but also child and forced labour, smuggling of materials, fiscal and tax evasion, violence on …

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Glencore''s Mutanda closure may be bargaining tactic with …

2019-8-15 · Glencore wrote to employees saying that the Mutanda mine is no longer economically viable over the long term, also citing the DRC''s new mining code as among the reasons for the closure. Glencore CEO Ivan Glasenberg is "probably seeking special considerations for Glencore''s operations in DR Congo," Ellis says.

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DRC President Tshisekedi visits Kamoto Copper ...

2021-5-13 · Glencore today announces that the President of the Democratic Republic of the Congo (DRC), His Excellency Felix Tshisekedi visited the operations of Kamoto Copper Company (KCC) in Kolwezi, DRC. KCC is a joint venture between Glencore and Gécamines.

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Glencore plans to resume production at Congo''s Mutanda ...

2021-5-19 · Glencore is reportedly planning to restart operations at the Mutanda mine in the Democratic Republic of Congo (DRC) in 2022. The company is also in the process of hiring workers for restarting operation, Reuters reported citing a source familiar with the matter. The production from the Mutanda mine is expected to help ease shortages in the ...

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Revealed: Glencore''s secret loan to secure DRC mining ...

2017-11-6 · Revealed: Glencore''s secret loan to secure DRC mining rights This article is more than 3 years old Paradise Papers show world''s biggest miner lent millions to Israeli billionaire on condition ...

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Transforming artisanal mining in the DRC

2021-8-20 · Glencore believes that legal ASM can play an important and sustainable role in the DRC economy when carried out responsibly and transparently; we also believe that alternative livelihood activities to ASM is key for a diversified and sustainable economy for …

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