Swiss-based multinational miner Glencore (LSE: GLEN) has disclosed US$5.7 billion in taxes, royalties and other government payments in 2020. The diversified mining house says the Covid-19 pandemic caused major production…
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has inked a deal with Glencore (LSE: GLEN) to explore the potential use of the miner and commodities trader’s Kidd concentrator and metallurgical…
9.45% rise in production comes as good news to Zambia, which skipped a $42.5 million payment on part of its international debt last week.
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…
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete…
Mining and commodities trader Glencore (LSE: GLEN) is facing a criminal investigation in its home country for failing to have organizational measures in place to prevent alleged corruption in the…
First Cobalt (TSXV: FCC) expects to begin production of cobalt sulphate late this year or in early 2021, which would make it North America’s only primary producer of the key…
Hochschild Mining (LSE: HOC) has become the third major mining company to suspend its dividend due to the COVID-19 pandemic. The Peru-focused gold mining company’s announcement follows Glencore’s (LSE: GLEN)…
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows a beleaguered industry at the end of the first quarter 2020, despite a resurgent gold price…
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has produced a battery-grade cobalt sulphate for the second time in a row but using a different feed source, the company says. The second…
Glencore (LON: GLEN) is postponing a decision on whether to proceed with a cash dividend of 20¢ per share totalling US$2.6 billion in 2020 due to the COVID-19 pandemic. “When…
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