Glencore unit pleads guilty to bribery in Africa
A British subsidiary of Glencore (LSE: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the U.K. Serious Fraud…
Oil
Key insights from the inaugural Future Minerals Forum in Riyadh
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…
Natural resources entrepreneur Serafino Iacono shares ‘know how’ and ‘know who’ at the Global Mining Symposium
For Serafino Iacono, executive chairman of Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF), mining has been a passion that has driven his business career back to the early 1980s. In…
US presidential election will impact clean energy, EVs: report
Market analyst Wood Mackenzie has published a report outlining what the future of clean energy and electric vehicles may look like following the Nov. 3 election in the United States….
‘Surround yourself with good people’: Franco-Nevada’s Paul Brink on building a multigenerational gold company at the Global Mining Symposium
The Northern Miner’s three-day Global Mining Symposium kicked off on Tuesday with a one-on-one interview with Paul Brink, president and CEO of Franco-Nevada (TSX: FNV; NYSE: FNV). The Northern Miner’s…
Glencore records US$2.6B loss, scraps dividend
Glencore (LSE: GLEN) posted a US$2.6 billion loss after write-downs for the first half of the year and scrapped its dividend, as the coronavirus pandemic dented global demand and lowered…
Teck delays QB2 expansion in Chile
Teck Resources (TSX: TECK.B; NYSE: TECK), Canada’s largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up to six months due to…
Teck CEO Don Lindsay focuses on copper at BofA conference
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America…
Teck targets 33% carbon reduction by 2030
Teck Resources (TSX: TECK.B; NYSE: TECK) announced a target to reduce carbon intensity by 33% by 2030 as part of its new sustainability strategy and goals. This builds on a…
Teck decision to cancel Frontier rattles investor confidence, critics say
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada’s oil and…
Teck walks away from Frontier oil sands project
Teck Resources (TSX: TECK.B; NYSE:TCK) has officially withdrawn its application to build the C$20.6-billion (US$15.7 billion) Frontier oil sands mine, just days before the Canadian government was slated to make…
Editorial: Glencore in the crosshairs
Glencore CEO Ivan Glasenberg said in 2018 that he expected to retire within three or four years. But during an investor day in London on Dec. 3, the South African…