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Glencore agrees to acquire JV partners' shares in the Cerrejón mine and strengthens climate commitments Following notices from our joint venture partners, BHP and Anglo American, offering to sell their entire shares in the Cerrejón mine in Colombia, Glencore has reached agreement with each of them on substantially the same terms to acquire their respective 33.3% interests. The transaction has an economic effective date of 31 December 2020, with an aggregate purchase consideration of c. US$588M then being subject to purchase price adjustments calculated at closing. Based on expected op...

“The world risks a severe deficit of oil and gas,” Rosneft CEO Igor Sechin said Saturday at the St. Petersburg International Economic Forum. “The world consumes oil, but isn’t ready to invest in it.”

China’s state-owned corporations are acquiring strategic resources around the globe, including locking in nuclear fuel supplies from Kazakhstan.

On the face of it, Coinbase and Glencore have nothing in common. Coinbase runs an app that allows people to buy and sell digital currencies. Glencore, the commodities giant, deals in tankers full of

Collapse of makeshift gold mine in DRC claims lives of 12 miners 25 May 2021 (Last Updated May 25th, 2021 15:15) The collapse of a makeshift gold mine near Bondo, the Democratic Republic of Congo, has killed at least 12 miners. Share Article A collapse of a makeshift gold mine near Bondo, Lower Uele province, the Democratic Republic of Congo (DRC), has killed at least 12 miners. Approximately ten of the 18 people present at the mine were killed immediately as a result of a landslide that occurred on 22 May, UN radio Okapi reported. While other t...