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Glencore fined $314 million for 'endemic' bribery of African oil

Commodities giant Glencore (GLCNF) has been ordered to pay a record £281 million ($314 million) penalty by a UK court for bribing officials across Africa to gain access to oil. The UK government ...

Glencore responds to ICIJ's questions on Burkina Faso

Glencore's investment provided for i) funding for both the construction and production phases as well as ii) technical, operational and managerial support to Nantou Mining …

Glencore boss considers the unthinkable: spinning off coal

He added that Glencore's thermal coal production would be phased down in line with the company's emissions targets, which target a 15 per cent reduction by 2026, relative to the 2019 baseline.

Glencore sets aside $1.5bn to settle UK, US and Brazil probes

Glencore expects to resolve bribery and corruption investigations in the UK, US and Brazil this year and has set aside $1.5bn to cover potential fines and costs. News of the provision came as the ...

Terry Fortune

Nantou Mining, A Glencore Company Aug 2015 - Present 8 years 3 months. Burkina Faso Glencore Canada Corporation 3 years 1 month Superintendent, Brunswick Mine …

Glencore | LinkedIn

Glencore | 490.199 pengikut di LinkedIn. We are a global and diversified natural resource company. From powering the electric vehicle revolution, to the smartphone in your pocket, the commodities we source enable modern life. Glencore | 490.199 pengikut di LinkedIn. We are a global and diversified natural resource company.

Singapore Suspends Glencore's License for Selling …

The MPA reports that despite being made aware of elevated levels of the contaminant, Glencore continued to supply bunkers blended with the contaminated fuel for an additional 10 days till April 1 ...

TREVALI MINING CORPORATION TECHNICAL REPORT …

Glencore International PLC (Glencore) holds a 90% interest in Nantou Mining while the Burkina Faso State holds a 10% interest, in accordance with the Mining Code. The …

Trevali Mining Corporation (OTCPK:TREV.F) and Trevali …

Under the terms, Trevali Mining Corporation will acquire GLCR Limited and Trevali Holdings (Bermuda) will acquire Glencore Finance loan of $70 million from Glencore International Investments Limited and Glencore Finance (Bermuda) Ltd by issuing 89.7 million common shares and cash consideration of $124.8 million and Trevali …

sbm/sbm glencore nantou mining.md at master

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Glencore settles with Gertler over Congo royalties | Reuters

Glencore has settled a mining dispute in Democratic Republic of Congo with two companies associated with Israeli billionaire Dan Gertler by agreeing to pay royalties in a currency other ...

Glencore sets aside $1.5bn to settle UK, US and Brazil probes

Glencore expects to resolve bribery and corruption investigations in the UK, US and Brazil this year and has set aside $1.5bn to cover potential fines and costs. News …

African governments silent after Glencore pleads guilty to grand

In its guilty plea, Glencore admitted to making payments of $27.5-million that its officials knew would in part be used to bribe authorities. In one example, $500 000 was paid to a judge to make a ...

2023 Half-Year Report

Available committed liquidity of $12.9 billion; bond maturities maintained around a cap of $3 billion in any given year. In June 2023, Glencore agreed to dispose of its interest in Viterra in a cash and shares transaction with Bunge. For its 50% stake, Glencore will receive $1.0 billion in cash and c.$3.1 billion in Bunge stock (basis Bunge's ...

nantou mining burkina faso sa

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Inside Glencore's epic $2b bribery shame

Chanticleer. Inside Glencore's epic $2b bribery shame. Glencore's massive bribery and corruption settlement could call into question the "special sauce" the market believes the company has.

Glencore Acquires Full Ownership of PolyMet Mining Corp.

BAAR, Switzerland, Nov. 07, 2023 (GLOBE NEWSWIRE) -- On November 7, 2023, Glencore AG, a wholly-owned subsidiary of Glencore plc (together "Glencore")...

Big investors seek damages from Glencore over 'untrue …

Nearly 200 funds — including some managed by Fidelity, Vanguard, Legal & General, HSBC, Abrdn and Inv — are seeking damages from Glencore over allegations that the company and its senior ...

Glencore Entered Guilty Pleas to Foreign Bribery and Market

Glencore International A.G. (Glencore) and Glencore Ltd., both part of a multi-national commodity trading and mining firm headquartered in Switzerland, each pleaded guilty today and agreed to pay over $1.1 billion to resolve the government's investigations into violations of the Foreign Corrupt Practices Act (FCPA) and a …

Glencore Pays Record Shattering $1.186 Billion in CFTC …

commodity and derivative transactions. The Glencore settlement also showcases the CFTC's continued focus on 1 In re Glencore, Order Instituting Proceedings Pursuant to Section 6(c) and (d) of the Commodity Exchange Act, Making Findings, and Imposing Remedial Sanctions, CFTC Docket No. 22-16 (May 24, 2022), available here.

Terry Fortune

Terry Fortune works at Kazzinc, which is a Minerals & Mining company with an estimated 74 employees. Terry is currently based in Ust-Kamenogorsk, E ast Kazakhstan. They used to work at Glencore and Xstrata Zinc Canada.

PolyMet is now owned by Switzerland's Glencore. Why it matters

What is Glencore and how is it involved in PolyMet? Glencore was founded in 1974 and has since become an enormous operation. The company's website says they employ 158,000 people around the ...

2021 Annual Report of Glencore plc

16 March 2022. Glencore plc ("Glencore" or the "Company") has today: published its Annual Report for the year ended 31 December 2021 ("Annual Report") on its website as required by DTR 4.1.3 R and 6.3.5 R; and. submitted a copy of the Annual Report to the Financial Conduct Authority's (FCA) National Storage ...

Glencore: Trading At An 11% Free Cash Flow Yield Using $3.50 Copper

Glencore is a conglomerate as it engages in mining activities as well as trading third-party products. At $3.50 copper and $1.18 zinc, the company is guiding for an FCF of $7.2B.

Glencore

Glencore makes cash swoop for Teck Resources' coal business. Commodities group plans to combine unit with own operations in one of mining's biggest takeover battles in a decade. Save. June 8 ...

Glencore

Glencore - statistics & facts. Glencore plc is the world's largest company involved in the mining industry and in commodity trading. In 2013, the company completed a large merger with Xstrata ...

Glencore – Wikipedia tiếng Việt

Glencore plc là một công ty kinh doanh và khai thác đa quốc gia của Thụy Sĩ, có trụ sở tại Baar, Thụy Sĩ và văn phòng đăng ký tại Saint Helier, Jersey. Công ty hiện tại được thành lập thông qua việc sáp nhập Glencore International Plc với Xstrata Plc vào ngày 2 tháng 5 …

TREVALI MINING CORPORATION TECHNICAL REPORT …

Glencore International PLC (Glencore) holds a 90% interest in Nantou Mining while the Burkina Faso State holds a 10% interest, in accordance with the Mining Code. The purpose of this report is to document the Mineral Resource and Mineral Reserve estimates prepared by Nantou Mining and audited by RPA as of December 31, 2016. This Technical Report

Preliminary Results 2022

Baar, Switzerland 15 February 2023. Highlights. Glencore's Chief Executive Officer, Gary Nagle, commented: "The global pandemic, recovery from it and years of underinvestment, followed by conflict in Europe, exposed pre-existing vulnerabilities in energy security and supply chains, underpinning the generally high and volatile 2022 …

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Glencore

30/10/2023 Third Quarter 2023 Production Report Read more 27/09/2023 Glencore announces funding decision on Koniambo Nickel Read more 11/09/2023 2023 …

Norsk Hydro: Hydro and Glencore to become partners to

Glencore will acquire an additional 40 percent stake in MRN, which is currently owned by Vale. This 40 percent interest will be acquired by Hydro from Vale and immediately sold to Glencore on a ...

Trevali Mining Corporation (OTCPK:TREV.F) and Trevali …

Trevali Mining Corporation and Trevali Holdings Ltd. entered into definitive agreements to acquire GLCR Limited and Boundary Ventures Limited from Glencore International Investments Limited and... | Advanced search