Top information

Glencore to End Mutanda Cobalt Production Investing News ,

Glencore will shutter the Mutanda copper-cobalt mine at the end of 2019, with the company blaming cobalt prices and DRC tax Anglo-Swiss mining giant Glencore LSE GLEN is pulling the plug on ....

Copper mining in the Democratic Republic of the Congo ,

Gécamines La Générale des Carriéres et des Mines , is a state-owned mining company in the DRC Its principal products are copper which often accounted for 50 of export earnings , cobalt and zinc Copper mines in which Gécamines has a major interest include Kambove, Kipushi and Kolwezi...

Glencore Plans to Shut Giant Cobalt and Copper Mine in ,

Aug 06, 2019 0183 32 The announcement that Glencore will close its Mutanda mine in the Democratic Republic of Congo is expected to come as the company lays out an overhaul of its key African copper and cobalt business ....

Glencore accused of environmental pollution in DRC

Nov 27, 2018 0183 32 Gertler, Gécamines and Glencore three of the main actors in a mining power struggle in the Democratic Republic of Congo By David Pillig, Financial Times Kolwezi mines Glencore accused of ....

Dozens killed in DRC Glencore copper mine accident ,

Jun 27, 2019 0183 32 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 ,...

DRC S Mutanda Mine to cut workforce

Glencore is cutting the workforce at its Mutanda copper and cobalt mine in the Democratic Republic of Congo to lower costs before a possible shift in production methods, according to people familiar with the matter The company is studying the economic viability of those deposits, given rising production costs and an uncertainty political environment in...

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 tax Furthermore, the company lowered its guidance for its Katanga Mining unit in the DRC...

Glencore at a loss over DRC scandal

May 16, 2019 0183 32 Worse Glencore is unable to cut ties with the businessman, as it is still contractually obliged to pay him royalties from its Mutanda copper mine And yet, Hayward said Glencore seeks to ,...

Glencore Cuts Workers at Congo Copper and Cobalt Mine ,

Feb 08, 2019 0183 32 Glencore is cutting the workforce at its Mutanda copper and cobalt mine in the Democratic Republic of Congo to lower costs before a possible shift in ,...

Glencore Plans to Shut Giant Cobalt and Copper Mine in ,

Aug 07, 2019 0183 32 The announcement that Glencore will close its Mutanda mine in the Democratic Republic of Congo is expected to come as the company lays out an overhaul of its key African copper and cobalt business ....

Major Mines Projects Mutanda Mine

The Mutanda copper-cobalt deposit lies with the lower part of the Neoproterozoic Katangan sedimentary succession which extends over more than 700 km from Zambia through the Katanga province of the DRC and is up to 150km wide...

Katanga Mining Limited

Latest News October 24, 2019 Katanga Mining Provides Update on Major Projects, Announces 2019 Third Quarter Production Results August 19, 2019...

Glencore Spends 960 Million on DRC Copper and Cobalt Mines

Glencore Spends 960 Million on DRC Copper and Cobalt Mines Priscila Barrera - February 15th, 2017 The company bought the remaining stake in the Mutanda mine and increased its interest in Katanga ....

Glencore Plans to Shut Giant Cobalt and Copper Mine in ,

Glencore Plc is planning to halt production at one of the world s biggest cobalt mines after prices for the battery metal collapsed and costs at the project increased, according to a person familiar with the situation The announcement that Glencore will close its Mutanda mine in the Democratic Republic of Congo is expected to come as the company lays out an overhaul of its key African copper ....

Armed forces called to defend Glencore mine in Congo ,

Jul 04, 2019 0183 32 Glencore Plc said armed forces of the Democratic Republic of Congo are in the area around the operations of its Kamoto Copper Co, after dozens of illegal miners were killed in a ,...

Trafigura bets on Congo even as Glencore shuts mine ,

The financing comes after Glencore said it would shut its Mutanda copper and cobalt mine in the DRC by the end of this year, following a 65 per cent fall in the price for cobalt over the year, a ....

Glencore Plans to Shutter Giant Cobalt and Copper Mine in ,

The announcement that Glencore will close its Mutanda mine in the Democratic Republic of Congo is expected to come as the company lays out an overhaul of its key African copper and cobalt business ....

No.416 Jianye Road, South Jinqiao Area,Pudong New Area, Shanghai, China.

Telephone : +86-21-58386189, 58386176

FAX : +86-21-58385681