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The Latest Breaking News from Glencore

High Court backs traditional owners over mine project

Native title holders in the Northern Territory have won a High Court appeal preserving their rights over a development for a major lead and zinc mine.

AAP

Long-delayed Minnesota copper-nickel mining project wins a round in court after several setbacks

The Minnesota Court of Appeals has affirmed a decision by state regulators to grant a major permit for the proposed NewRange copper-nickel mine

The Independent UK

Miner Anglo American could become takeover target, say analysts

Shares are down almost 45% this year, and firm took further pummelling on Friday after production outlook warning

The Guardian - UK

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Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

The Guardian - UK

Hunter coal's last chapters being written, but blank pages remain

Many things possible for Hunter's remaining players during mining transition

Newcastle Herald

Rift between net-zero climate pledges, carbon footprint

Woodside, Chevron and Glencore have been assessed as at significant risk of "net-zero greenwash" and are urged to join the "climate ambition loop" instead.

AAP

Hunter mine tweaks 20-year extension plan after public feedback

Hunter Valley Operations says the changes will mitigate impacts.

Newcastle Herald

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All mines close. How can mining towns like Mount Isa best manage the ups and downs?

The announcement by Glencore last week that its Mount Isa copper mines will close in 2025 is significant for the town.

The Conversation

Cleaning up Australia's 80,000 disused mines is a huge job – but the payoffs can outweigh the costs

Newly announced closures of Glencore’s copper and zinc mines in Mt Isa will add to a huge number of former mines in Australia. A 2020 study by Monash University’s Resources Trinity Group found more than 80,000 inactive mine sites across the country.

The Conversation

Glencore copper mine closure will have a ripple effect

The impact of Glencore's plan to close its Queensland copper mine in 2025 will ripple across the state's northwest.

AAP

Afternoon Update: global outrage at Gaza hospital blast; huge Mt Isa mines to close; and Kathryn Campbell’s big pay package

Protests erupt across Middle East after hospital blast kills between 300 and 500 people

The Guardian - AU

Town, 1200 workers reeling with major mine set to close

About 1200 workers are in limbo and a Queensland town is reeling after Glencore announced one of the world's biggest copper mines would close in 2025.

AAP

Bank of England must ‘see job through’ on cost of living; eurozone inflation higher than expected – as it happened

Live, rolling coverage of business, economics and financial markets as easing of chip shortage boosts British car manufacturing by a third

The Guardian - UK

FTSE 100 Live: IHG, Abrdn, Glencore post results, China exports slump, shares lower

The struggling China economy and results from Glencore, Abrdn and hotels group IHG are in focus for London traders today.

Evening Standard

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Newcastle Herald

Nats and Glencore oppose coal royalty hike

Glencore says jobs will be put at risk if coal royalties are increased.

Newcastle Herald

Glencore's hard decisions a growing shadow over region

The Hunter's biggest coal miner has a massive dilemma.

Newcastle Herald

No greenhouse gas conditions in coalminer's abatement strategy

Approved greenhouse gas abatement plan with no conditions.

StockNews.com

Strike Gold With These 3 Mining Stocks

The mining industry is poised for solid growth and expansion, thanks to strong demand for metals and minerals, favorable government policies, and integration of digital technology. Hence, it could be wise to buy quality mining stocks Glencore (GLNCY) and Fortescue Metals (FSUGY) to capitalize on the golden opportunities presented by…

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Fortune

Goldman and JPMorgan duke it out for the title of top M&A advisor for the first half of 2023

Global M&A valuations fell 39% as top banks duked it out for dominance in the league tables.

Cycling Weekly

Pinarello set to be bought by billionaire former mining firm boss

Glencore share holder and keen cyclist Ivan Glasenberg set to take majority stake, according to reports

The New Daily

Traditional owners, environmentalists appeal NT mine’s environmental security bond

Traditional owners and environmentalists have launched an appeal against a court's ruling over a mine's environmental security bond.

ABC News

Traditional owners, environment group lodge legal challenge over McArthur River Mine Supreme Court decision

Lawyers lodging the appeal on behalf of traditional owners and environment groups say the recent Supreme Court decision is serious, and if left unchallenged "could set a dangerous precedent".

AAP

NT mine's environmental bond fight reignites

Traditional owners have launched legal action against a NT court's ruling that upheld the government's decision to slash a mine's environmental security bond.

The Guardian - UK

Concerns raised over mining companies’ role in battery passport scheme

ERG and Glencore are among founders of ReSource, a proposed joint venture that is also backed by Tesla

ABC News

NT Supreme Court upholds mining minister's decision to slash McArthur River Mine security bond

The NT Supreme Court has dismissed an application against a decision by the territory mining minister to slash the McArthur River Mine's rehabilitation bond.

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