Offical-Logo
Offical-Logo
Zhengzhou, Henan China
24 hours At your service

is glencore mining planning in drc copper mines

  • Home
  • / Product
  • / is glencore mining planning in drc copper mines

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

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 produce 235kt of ...

Get PriceEmail contact

Glencore reportedly closing DRC copper-cobalt mine ...

Glencore has faced a series of issues in the DRC, from a new mining code to legal disputes and a growing number of illegal miners. Ready for development copper-gold project SPONSORED

Get PriceEmail contact

Glencore deals mining blow to African copper producers ...

Glencore’s move to suspend operations at mines in the Democratic Republic of Congo and Zambia has dealt a significant blow to Africa’s top two copper producers. The mining and trading group ...

Get PriceEmail contact

Glencore at a loss over DRC scandal - BusinessLIVE

May 16, 2019  It was an important question, not least because Katanga, the copper and cobalt operation in the Democratic Republic of Congo (DRC), is 75% owned by Glencore. And also because Glencore’s DRC ...

Get PriceEmail contact

Dozens killed in DRC Glencore copper mine accident ...

Jun 28, 2019  At least 36 illegal miners are believed to have died in a copper mine owned by Glencore in the Democratic Republic of the Congo (DRC) on Thursday.. The miners were killed when two

Get PriceEmail contact

Glencore′s closure of Congolese cobalt mine ′could ...

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 ...

Get PriceEmail contact

Glencore faces metals showdown in the Congo as government ...

Jun 12, 2018  Knock-on effects. The new Mining Code increases royalties payable to the DRC government, on copper from 2% to 3.5%, on gold from 2.5% to 3.5% and could potentially increase royalties on cobalt from 2% to 10%, given the metal’s newly classified status of “strategic mineral”.

Get PriceEmail contact

Tesla plans to use Glencore cobalt in new Gigafactories

Jun 16, 2020  Elon Musk's car company is expanding its relationship with mining giant Glencore. Tesla is planning to use cobalt from Glencore's mines in the Democratic Republic of

Get PriceEmail contact

Glencore hit by another probe over Congo dealings - MINING.COM

Jun 22, 2020  Glencore is the biggest western company operating in DRC, Africa’s largest copper producer and the source of half of the world’s cobalt. Image courtesy of Katanga Mining

Get PriceEmail contact

Resources Reserves - Glencore

Copper The Copper Mineral Resources and Ore Reserves Statement at 31 December 2018 has been compiled in accordance with the JORC Code. The Mineral Resources and Ore Reserves statements have been reviewed and the relevant data extracted and compiled by Mark Jamieson, Glencore Copper

Get PriceEmail contact

Glencore’s decision to shut African copper mines send ...

Glencore's recently announced plan to rescue the company, which includes halting operations at mines in the Democratic Republic of Congo and Zambia, h...

Get PriceEmail contact

Glencore closure of DRC cobalt mine to cut 20% of global ...

Glencore's cobalt output has been ramping up while demand remains tepid. Own-sourced cobalt production for H1 2019 was at 21,300 mt, up 28% from H1 2018. However, Glencore said its DRC Katanga division, of which it owns 86%, cut full-year copper production guidance to

Get PriceEmail contact

Glencore to cut workers at key DR Congo copper and cobalt mine

Glencore has faced a string of problems in the DRC over the past year. This month, the ministry of mines told a subsidiary to stop work on a new plant that would allow it to resume exports of ...

Get PriceEmail contact

The DRC among the countries to boost global copper ...

This project and others, along with the steady production of China Moly’s Tenke Fungurume mine and Glencore’s Katanga mine (LON: GLEN), are the foundation for Fitch’s prediction, which takes Glencore’s decision into account. to idle the Mutanda copper-cobalt mine from 2020 to 2022.

Get PriceEmail contact

Glencore announces sale of Mopani Copper Mines - FMDRCZ

Glencore has announced that it’s currently in final-stage negotiations over a potential sale of its majority stake in Mopani Copper Mines to Zambia’s mining investment arm ZCCM-IH. According to local media reports, the government had concluded talks with Glencore, citing President Edgar Lungu and, a deal is likely to be signed on the course of ...

Get PriceEmail contact

Glencore’s Mutanda closure may be bargaining tactic with DRC

Aug 15, 2019  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.

Get PriceEmail contact

Glencore faces metals showdown in the Congo as government ...

Jun 12, 2018  Knock-on effects. The new Mining Code increases royalties payable to the DRC government, on copper from 2% to 3.5%, on gold from 2.5% to 3.5% and could potentially increase royalties on cobalt from 2% to 10%, given the metal’s newly classified status of “strategic mineral”.

Get PriceEmail contact

Tesla plans to use Glencore cobalt in new Gigafactories

Jun 16, 2020  Elon Musk's car company is expanding its relationship with mining giant Glencore. Tesla is planning to use cobalt from Glencore's mines in the Democratic Republic of

Get PriceEmail contact

Meet Glencore, the global behemoth behind the PolyMet mine ...

Jul 13, 2019  Mining is an inherently messy industry, but none of Glencore’s operations have generated as much controversy recently as its copper and cobalt mines in the Democratic Republic of the Congo (DRC).

Get PriceEmail contact

Kamoto Mine, Lualaba, Democratic Republic of Congo

Katanga Mining Limited (KML) is developing the Kamoto mine as part of its extensive copper-cobalt project in Lualaba Province of the Democratic Republic of Congo (DRC). Glencore International (GIAG), a subsidiary of Glencore, holds 86.3% stake in KML.

Get PriceEmail contact

Cobalt - Glencore

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. We are also one of the largest recyclers and processors of cobalt-bearing materials, such as used batteries ­– helping secure the supply of the metal at a time of increasing ...

Get PriceEmail contact

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

Nov 05, 2017  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

Get PriceEmail contact

UPDATE 1-Glencore's Mutanda mine in Congo shuts a month ...

G lencore's Mutanda mine in Democratic Republic of Congo suspended operations prematurely on Monday due to a lack of sulphuric acid, a key input for copper and cobalt extraction.

Get PriceEmail contact

Glencore accused of environmental pollution in DRC - SWI ...

Nov 27, 2018  The two NGOs studied environmental and human rights issues linked to copper and cobalt mines exploited by the Glencore-owned firms Kamoto Copper Company (KCC) and Mutanda Mining

Get PriceEmail contact

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

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.In 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 ...

Get PriceEmail contact

Cobalt - Glencore

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. We are also one of the largest recyclers and processors of cobalt-bearing materials, such as used batteries ­– helping secure the supply of the metal at a time of increasing ...

Get PriceEmail contact

Tesla plans to use Glencore cobalt in new Gigafactories

Jun 16, 2020  Elon Musk's car company is expanding its relationship with mining giant Glencore. Tesla is planning to use cobalt from Glencore's mines in the Democratic Republic of

Get PriceEmail contact

Meet Glencore, the global behemoth behind the PolyMet mine ...

Jul 13, 2019  Mining is an inherently messy industry, but none of Glencore’s operations have generated as much controversy recently as its copper and cobalt mines in the Democratic Republic of the Congo (DRC).

Get PriceEmail contact

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

Nov 05, 2017  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

Get PriceEmail contact

Kamoto Mine, Lualaba, Democratic Republic of Congo

Katanga Mining Limited (KML) is developing the Kamoto mine as part of its extensive copper-cobalt project in Lualaba Province of the Democratic Republic of Congo (DRC). Glencore International (GIAG), a subsidiary of Glencore, holds 86.3% stake in KML.

Get PriceEmail contact

UPDATE 1-Glencore's Mutanda mine in Congo shuts a month ...

G lencore's Mutanda mine in Democratic Republic of Congo suspended operations prematurely on Monday due to a lack of sulphuric acid, a key input for copper and cobalt extraction.

Get PriceEmail contact

Glencore accused of environmental pollution in DRC - SWI ...

Nov 27, 2018  The two NGOs studied environmental and human rights issues linked to copper and cobalt mines exploited by the Glencore-owned firms Kamoto Copper Company (KCC) and Mutanda Mining

Get PriceEmail contact

Death toll in DRC Glencore copper mine accident rises to 43

Death toll in DRC Glencore copper mine accident rises to 43. 28 June 2019. Mining giant Glencore confirmed that dozens of illegal miners were killed when part of an open-pit copper mine in the Kolwezi area of the Democratic Republic of the Congo (DRC) collapsed on June 27.

Get PriceEmail contact

Glencore - Wikipedia

Glencore plc is an Anglo-Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland, its oil and gas head office in London and its registered office in Saint Helier, Jersey.The current company was created through a merger of Glencore with Xstrata on 2 May 2013. As of 2015, it ranked tenth in the Fortune Global 500 list of the world's largest companies.

Get PriceEmail contact

Glencore suspends mining operations in DRC and Zambia

Operating costs at KM and MCM are relatively high—partly owing to the specifics of the mines and their facilities—and consequently they were hit by suspensions. The Glencore-owned Mutanda Mining unit in the DRC, which produced 200,000 tonnes of copper in

Get PriceEmail contact

Congo's Copper, Cobalt Mining Province in Coronavirus ...

The DRC is Africa’s top copper producer and the world’s fourth largest, with output reaching 1.3 million tonnes in 2019.. Robert Friedland-led Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) operates the ...

Get PriceEmail contact

Katanga Mining - Wikipedia

Katanga Mining Ltd is a mining company operating in the Democratic Republic of the Congo with its headquarters in Canada.Katanga Mining operates a major mine complex in the Congo's Katanga Province, producing refined copper and cobalt.It claims to have the "potential of becoming Africa's largest copper producer and the world's largest cobalt producer."

Get PriceEmail contact

Deciphering the $440 million discount for Glencore's DR ...

In early November 2017, the Paradise Papers – a massive leak of confidential corporate documents – revealed that a company currently operated by Glencore, the Swiss multinational commodities and mining company, negotiated a signing bonus in 2008 for a very valuable mining complex in the Democratic Republic of Congo that was $440 million less than what Congo’s state-owned miner

Get PriceEmail contact