DR Congo mine collapse death toll rises to 43 | News | Al ...

 · The number of artisanal miners killed by a landslide at a copper and cobalt mine owned by Swiss-based mining giant Glencore in southern Democratic Republic of the Congo has risen to 43 and could ...

Revealed: Glencore's secret loan to secure DRC mining ...

 · The documents confirm that in 2009, Glencore loaned Gertler $45m with the caveat that it would be repayable if agreement with DRC authorities was not reached to secure a mining …

Glencore's DRC mining disaster signals continued security ...

 · Forty-three illegal miners died after a landslide at Glencore's Kamoto concession outside Kolwezi in Lualaba Province on 27 June. The disaster highlights the security and reputational risks of mining copper and cobalt in the Democratic Republic of Congo (DRC).

Switzerland opens criminal probe into Glencore

 · Switzerland has opened a corruption investigation into mining and commodity giant Glencore and its activities in the Democratic Republic of the Congo.. Glencore, one of the world's largest companies, announced earlier this month that Switzerland's Office of the Attorney General is probing the company's "failure to have the organizational measures in place to prevent alleged corruption ...

Glencore

As part of our ongoing commitment to the local communities in which we operate, Glencore's E-Learning Programme in South Africa connects urban with rural schools online to transmit science and mathematics lessons to grade 11 and 12 students.

Glencore's human rights report addresses ...

 · Glencore estimates that 2,000 unauthorized people enter its open-pit mine in the DRC on average every day. ... as well as to discuss the challenges of operating in the DRC," Glencore's report ...

The inside story of Glencore's hidden dealings in DRC ...

 · Revealed: Glencore's secret loan to secure DRC mining rights Read more While DRC has suffered, Gertler – speculated in media reports to have been the loose inspiration for the Leonardo DiCaprio ...

Mining jobs in congo drc

Quickly find the best offers for Mining jobs in congo drc on Ananzi Ads. We collected up to 5 ads from hundreds of job boards for you! Search. Login / Register. Ananzi.co.za. Jobs. Mining jobs in congo drc. 1 - 5 of 5 job vacancies. Mining jobs in congo drc. Sort by . 16 days ago.

Mutanda Mine

Glencore International operates the mine and has a 40% stake in the mine through a 50% holding in Samref Congo, ... At the time, the IMF was providing loans to the DRC worth $561 million to improve the economy. Gécamines had recently sold its 20% share of the Mutanda project, worth an estimated $600 million, for $137 million.

Democratic Republic of the Congo

The DRC is home to one of the world's main copper-mining regions: the African Copperbelt. In the DRC, we have a substantial stake in Katanga Mining and wholly own Mutanda Mining, both located in the DR Congo's Katanga province.

Glencore named in Congo child labour case targeting Big ...

 · Glencore says it employs 15,800 people in the DRC and that it discourages artisanal mining by supporting economic diversification programmes for communities living near its …

Glencore at a loss over DRC scandal

 · Glencore at a loss over DRC scandal ... not least because Katanga, the copper and cobalt operation in the Democratic Republic of Congo (DRC), is 75% owned by Glencore. ... Companies / Mining .

Glencore's Misadventure in the Congo Threatens Its Cobalt ...

 · Glencore even played a role in a complicated arrangement whereby Gertler became the owner of a valuable stream of mining royalty payments Glencore paid to Gecamines, a Congolese state-owned company.

Glencore faces third Congo legal challenge ...

 · Citi, a US investment bank, calculates that Katanga together with Glencore's Mutanda mine in the DRC will contribute 35,500 tonnes or 27% of global supply during 2018. Those figures are set to ...

Glencore in Katanga, DRC | Raid

Glencore is a giant in the raw materials sector and has a presence in more than 50 countries. Last year, the company had a turnover of US$ 239.7 billion, more than 30 times the DRC's national budget. Glencore obtains from its DRC operations one-fifth of the world's production of cobalt, an essential component in all electronic appliances.

Katanga Mine: an overview of Glencore's KCC Mining in ...

 · Glencore's Katanga Mine is one of the group's copper mines in Africa; it's a major mining operator in the Democratic Republic of Congo (DRC). It …

Dozens killed in DRC Glencore copper mine accident ...

 · 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 'galleries ...

Cobalt price: BMW avoids the Congo conundrum

 · Glencore's decision to mothball its Mutanda mine in the Congo, the world's largest and responsible for 20% global output, breathed life into the market, but the metal remains stuck in …

Tesla plans to use Glencore cobalt in new Gigafactories

 · Elon Musk's car company is expanding its relationship with mining giant Glencore. Tesla is planning to use cobalt from Glencore's mines in the Democratic Republic of the Congo to make lithium-ion ...

Glencore hit by another probe over Congo dealings

 · Glencore is the biggest western company operating in DRC, Africa's largest copper producer and the source of half of the world's cobalt. Image courtesy of Katanga Mining

Tesla cobalt deal with Glencore allegedly benefits ...

 · Tesla Inc., the company Musk runs, struck a deal last month with Glencore Plc to buy as much as 6,000 tons of cobalt annually for use in the rechargeable batteries that power its electric vehicles. Glencore, in turn, is obligated to pay Gertler about 2.5% of sales from its mines in the Democratic Republic of Congo

Glencore reportedly closing DRC copper

Glencore has faced a series of issues in the DRC, from a new mining code to legal disputes and a growing number of illegal miners. 88 Energy (ASX:88E) Prepares for …

Mine Owned By Swiss

The number of artisanal miners killed by a landslide at a copper and cobalt mine owned by Swiss-based mining giant Glencore in southern Democratic Republic of the Congo (DRC) has risen to 43, according to the latest information released by officials. The search for more of the miners could mean the number of dead will still increase.

Swiss probe Glencore over DRC graft || The Southern Times

Glencore mines copper and cobalt from Congo, where its links to former partner and Israeli billionaire businessman Dan Gertler have been the subject of scrutiny. Gertler was sanctioned by the United States in 2017 over allegations he used his friendship with former DRC President Joseph Kabila to secure sweetheart mining deals.

Glencore's rumbles in the jungle: More body blows for ...

Swiss commodities trader Glencore's logo is seen in front of its headquarters in Baar, near Zurich. REUTERS/Romina Amato/Files. The lawsuit, the third court action this year challenging Glencore's control of its prized Congolese mines, is another headache for the Swiss commodity trader as it faces down the government over a new mining code that hiked taxes.

Tesla Supercharges Africa's Cobalt Concerns With New ...

 · Tesla is expected to still need large volumes of the mineral from the DRC going forward and the new Glencore deal will help them achieve that because they can provide up to …

Glencore buys stakes in Mutanda and Katanga mines valued ...

Mutanda mine in the DRC (Photo: Glencore) ... KAT), for $38 million, increasing its ownership in the company which owns the Katanga copper-cobalt mine, also located in the DRC, to about 86%. ...

DRC: Glencore copper

 · DRC: Glencore copper-cobalt mine allegedly linked to pollution, child labour and tax evasion; including past company responses. An Environmental Justice Atlas case study alleges that Glencore's subsidiary Kantaga Mining operates a copper-cobalt mine which has polluted local water sources, been linked to child labour, engaged in tax evasion and …

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