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globe investor
Mining industry struggles with valuation gap amid shift to copper
Fonderie Horne, a foundry owned by Glencore, is shown in Rouyn-Noranda, Que., Oct. 29, 2022.
report on business
Teck Resources announces new business structure after exiting coal
The Teck Resources logo is seen on a podium before the company's special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. THE CANADIAN PRESS/Darryl Dyck
international business
Glencore to keep coal assets and stick with London listing, CEO says
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar November 20, 2012. REUTERS/Arnd Wiegmann/File Photo
report on business
Glencore’s ex-head of oil Alex Beard charged with bribery offenses by U.K. fraud agency
FILE PHOTO: Alex Beard, head of oil at trading firm Glencore, looks on during an interview after the opening of a gas station under the franchise G500, created from a distribution partnership by Glencore and Corporacion G500, in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo
report on business
Analysts expect Glencore to keep coal assets after Teck purchase
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo
report on business
Teck Resources reports second-quarter profit down from year ago
FILE PHOTO: The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
energy and resources
Legal & General unit to sell Glencore stake over thermal coal concerns
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar November 20, 2012. REUTERS/Arnd Wiegmann/File Photo
opinion
When Glencore spins off Teck’s dirty coal, it also spins off the cleanup to taxpayers
Simon Nicholas
opinion
Coal is dead, or at least was, according to the ESG crowd. Long live coal
Eric Reguly
report on business
Li-Cycle shares jump on securing $75-million investment from Glencore
FILE PHOTO: The logo of battery recycler Li-Cycle Holdings Corp is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022. REUTERS/Ernest Scheyder
international business
Glencore’s shares tumble as company posts earnings and dividend drop
(FILES) A picture taken on November 13, 2020 shows the headquarters of Swiss commodity trading giant Glencore in Baar, central Switzerland, ahead of November 29, 2020 nationwide vote on a people's initiative to impose due diligence rules on Swiss-based firms active abroad. Swiss mining giant Glencore said on February 12, 2024, it is seeking a buyer for its stake in New Caledonian nickel mine and processing plant Koniambo Nickel (KNS) as the industry endures a price slump. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
report on business
Glencore urged to support International Joint Commission to resolve cross-border mining dispute
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo
energy and resources
Glencore’s prized Canadian coal mines come with rising environmental scrutiny
FILE PHOTO: The logo of Glencore is pictured in Baar, Switzerland, September 30, 2015. REUTERS/Arnd Wiegmann/File Photo
report on business
From bad blood and public bashing to an $8.9-billion deal: How Teck made nice with Glencore
A journalist is silhouetted before the Teck Resources special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. Teck Resources Ltd. has agreed to sell its steelmaking coal business in a series of deals that value the operations at US$9 billion.THE CANADIAN PRESS/Darryl Dyck
opinion
Ottawa sets out clear path for Glencore’s purchase of Teck’s coal mines
Andrew Willis
opinion
Glencore-Teck deal reveals the irony of coal: Profitable and vital, yet endlessly shunned
Heather Exner-Pirot
energy and resources
Top companies’ lobbying undermines their climate pledges, study finds
Refinery facilities are seen beyond a railroad yard by the Houston Ship Channel in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott
report on business
Pierre Lassonde ‘mystified’ by Teck choice of Glencore bid for coal unit
Pierre Lassonde speaks at the announcement of the building of a new pavillion to honor painter Jean Paul Riopelle, in Quebec City, Thursday, Dec. 2, 2021. THE CANADIAN PRESS/Jacques Boissinot
opinion
Peak ESG investing may have come. Coal may not be the great valuation drag after all
Eric Reguly
report on business
Ottawa will closely scrutinize Glencore’s proposed takeover of Teck’s coal business, Freeland says
TECK COMINCO LTD - MINING OPERATIONS. Cardinal River Coals is a wholly owned subsidiary of Elk Valley Coal Corporation. Cardinal River Operation is located approximately 42 kilometres south of Hinton, Alberta. Mining operations originally commenced in 1970. Operations recently started up again with the development of the new Cheviot pit mining area. The metallurgical coal mined by Cardinal River is supplied to a variety of international steel producers. It will be mined from a series of six open pits that will be developed sequentially within the Cheviot mining area using the truck and shovel mining method. The annual mining capacity of the Cardinal River processing plant isæ 2.8 million tonnes. (TECK has a 39% interest in the Elk Valley Coal Partnership). HANDOUT