Industry News
Glencore Abandons Sale of Kazzinc Stake After Unmet Valuation
Glencore cancels plans to sell its stake in Kazakh miner Kazzinc after buyers fall short on valuation.
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21 published stories in this archive.
Companies & Organisations
British Prosecutors to Charge Former Glencore Employees Over Bribery Allegations
British prosecutors are set to bring criminal charges against former Glencore employees over bribery allegations.
Companies & Organisations
Glencore Considers Selling Stake in Kazakh Mining Company Kazzinc
Glencore is considering selling its stake in Kazakh mining company Kazzinc, potentially valued at several billion dollars.
Companies & Organisations
Kazzinc Declines to Classify Buhtarminskaya Hydropower Plant’s Generation as Renewable
The rationale behind this decision is based on the fact that the hydroelectric station utilises water resources, which are subject to regulation and cannot be classified as renewable energy sources.
Industry News
The UK’s major miners face multiple challenges.
The first of these is operational – Glencore and Anglo American, two of London’s largest commodity outfits, have bled profits in 2023.
Industry News
Glencore to publish updated climate transition plan in March
Diversified miner Glencore plans to publish an updated Climate Action Transition Plan, as well as to report on its progress against its industrial emission reduction targets and ambitions, in March.
Industry News
Coal imports from Colombia rise as Germany bolsters supply substitutes for Russia
Colombia has become an important supplier of hard coal to Germany, substituting for Russia, the government has said in an answer to a parliamentary inquiry by the Left Party
Companies & Organisations
The Environmental Impact and Remediation Efforts of Kazzinc in Eastern Kazakhstan
In a recent environmental incident that sent shockwaves through Eastern Kazakhstan, Kazzinc, one of the region's largest metallurgical enterprises, found itself facing a substantial fine of 49.6 million Kazakhstani Tenge.
Companies & Organisations
Another Glencore Veteran Departs as Trader Popovic Retires
Another Glencore Veteran Departs as Trader Popovic Retires SWI swissinfo.
Companies & Organisations
Will Swiss Glencore buy Kazakhstan’s Shalkiya mine?
In recent years, the old fields of the global trader’s subsidiary, Kazzinc, have been depleted, and new ones may not provide the required level of reserves for a long time.