Tag: Glencore
UK financial justice seeks to pursue former Glencore employees
In the Glencore affair, a large-scale corruption scandal, a new stage is looming on the United Kingdom side. The raw materials giant has already pleaded guilty and admitted to massive…
In New Caledonia, Glencore puts its nickel plant on hold
Glencore announced this Monday that it would mothball the Koniambo Nickel SAS (KNS) ferronickel production plant in New Caledonia and seek a new industrial partner. The Swiss group believes that…
Glencore buys Teck’s coal assets for $6.93 billion
(Finance) – Glencorean Anglo-Swiss giant active in the mining sector, has entered into a binding agreement with Teck Resourcesa Canadian company active in the same sector, for theacquisition of a…
Cameroon in full “Itie validation” in the wake of the Glencore affair
Since the beginning of the month, Cameroon’s governance of oil, gas and minerals has been examined by ITI, the Extractive Industries Transparency Initiative. A periodic evaluation of States which lasts…
Accused of corruption in the DRC, Glencore will pay 180 million dollars in compensation
Commodity trading giant Glencore announced on Monday December 5 that it had reached an agreement with the Democratic Republic of Congo. The company undertakes to pay 180 million dollars in…
Trader Glencore sentenced in London for corruption in Africa
The Swiss commodity trading giant, Glencore, was condemned Thursday by British justice for acts of corruption in Africa. The firm was fined 320 million euros. The decision was made by…
the Cameroonian opposition seizes the Glencore file
The Glencore group, one of the world’s giants in the trading of petroleum products, pleaded guilty before the American and British courts, for acts of corruption and manipulation of certain…
Glencore, Bluebell continues pressure for coal spin-off
(Finance) – Activist investor Bluebell Capital Partners is putting pressure on Glencore so that the Anglo-Swiss company – one of the largest in the world in the mining sector –…