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"Glencore" tag

Glencore’s closure of Congolese cobalt mine ‘could backfire’

The plummeting price of cobalt has been blamed for the closure of the giant Mutanda mine, but other factors are at play. Owner Glencore is struggling to get the DRC’s new president to overturn a...

Xstrata paves way for Glencore mining merger

Mining group Xstrata and commodities firm Glencore have agreed new terms for their tie-up, clearing the way for the biggest-ever mining industry merger. The original deal looked set to founder on shareholder resistance. Swiss mining...