at the very Core of it all … is Content!
Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, for $1.7 billion. The sale includes Rio Tinto’s 82.0 per cent interest in the Hail Creek operating mine and its 71.2 per cent …
Baar, Switzerland / Kone, New Caledonia 17 November, 2014 Glencore is pleased to announce that today French President, François Hollande officially inaugurated the Koniambo Nickel Project (Koniambo) in New Caledonia, a joint venture between Société Minière du Sud Pacifique (SMSP) and Glencore. President Hollande was joined by Paul Néaoutyine, President of the North Province, Ivan Glasenberg, CEO …
The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore. The Rio Tinto board confirms that no discussions are taking place with Glencore. In July 2014, Glencore contacted Rio Tinto regarding a potential merger of Rio Tinto and Glencore. The Rio Tinto board, after consultation with …
Glencore’s AUD589 million investment in Ernest Henry Mining near Cloncurry in north-west Queensland, Australia, to transition from open pit to underground operations has celebrated a significant milestone; commencing operations from a new kilometre-deep hoisting shaft. Queensland Minister for Natural Resources and Mines, the Hon Andrew Cripps officially commemorated the milestone at an event at Ernest Henry today attended by Glencore Chief Executive Officer Ivan Glasenberg, Head of Copper Telis Mistakidis and community leaders. The operation will now begin to ramp …
In response to the severe flooding in the Balkans and the devastation it has caused, Glencore will donate USD$100,000 to aid the relief effort of the floods through the Mozaik Foundation ( www.mozaik.ba ). The foundation will use the funds raised to rebuild and refurbish schools and kindergartens as well as investing in the agriculture sector to …
Caracal Terminates Proposed Merger with TransGlobe Baar, Switzerland & Calgary, Alberta, April 14, 2014 – Glencore Xstrata plc (“Glencore”) (LSE: GLEN; Hong Kong: GLEN.HK; Johannesburg:GLN.J) and Caracal Energy Inc. (“Caracal” or the “Company”) (LSE:CRCL), announced today that they have reached a definitive agreement for a wholly owned subsidiary of Glencore to acquire Caracal for an …
Baar, Switzerland Glencore to donate USD$2million to aid the relief effort of Typhoon Haiyan through the PASAR Foundation In response to Typhoon Haiyan and the devastation that it has caused the Philippines, Glencore will donate USD$2million to aid the relief effort of Typhoon Haiyan through the PASAR Foundation which is affiliated to Glencore’s PASAR operations in the Philippines. Ivan Glasenberg, CEO, commented: ‘Typhoon Haiyan and its aftermath have had a devastating effect on the …
Glencore Joins Leading Supporters of Largest-ever Internationally-funded Philanthropic Effort in China’s History Program Fosters Greater US-China Dialogue through International Educational Exchange BEIJING, October 24, 2013 – Schwarzman Scholars and Glencore International AG (Glencore) today announced that Glencore has joined the initiatives’ list of top corporate supporters. Inspired by the Rhodes Scholarship, Schwarzman Scholars is an international …
Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous revolving credit facilities of both Glencore and Xstrata plc. The Facilities were initially launched at USD 12 billion and closed …