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London Mining said it was in dispute with Glencore about a cash prepayment and that it was considering its options under an offtake agreement a contract that commits future production in exchange...
Beny Steinmetz ends iron ore dispute analysts say it would cost at least 20bn to develop building Xstrata into one of the sectors leading forces before its sale to Glencore in
London Mining is in a dispute with Glencore over payments for iron ore from its west African mine, compounding the problems facing the emerging producer as the price of the commodity lurches
Geralds SL Mining subsidiary acquired the license to mine iron ore at Marampa in March 2017 with a term of 25 years and shipped its first commercial batch in July 2019.
London Mining Network Should BHP ever try to sue London Mining Network for anything we say about the company, The world is dynamic, he said, and global trends will drive demand for copper, nickel and potash even as demand for iron ore, metallurgical coal and gas slows.
London Mining, in iron ore dispute with Glencore, faces funding shortfall SA News Mon, Sep. 22, 2014 London Mining''s (LIIGF) Graeme Hossie on Q2 2014 Results Earnings Call Transcript
#0183;#32;Missing out on iron ore has hurt Glencore for years, with the company now dwarfed in value by Rio. That slump in Glencores value, especially compared with its rivals, led Glasenberg to say Friday he wont play any role in the mining industry after retiring. Glencore left behind
Find the latest GLENCORE PLC (GLNCY) stock quote, history, news and other vital information to help you with your stock trading and investing.
A further drop in iron ore prices and rising costs associated with airlines restricting flights to regions impacted by the increasingly severe outbreak of ebola saw London Minings position weaken into September, compounded by a dispute with Glencore prompted by the trader refusing to make a down payment for a cargo.
#0183;#32;(Reuters) London Mining Plc () said it would consider ending an iron ore supply contract with Glencore Plc () after a dispute over payment, sending shares of
#0183;#32;THERE was fresh trouble for Resolute Mining after employees at its Syama mine in Mali went out on strike over Covid19 related temporary layoffs in the wake of the Covid19 pandemic, said Reuters. Some production was continuing at the mine but about 95% of employees had downed tools, Karim Fomba, the general secretary of the union []
That slump in Glencores value, especially compared with its rivals, led Glasenberg to say Friday he wont play any role in the mining industry after, the company dominates the commodity supply chain as the biggest trader of cobalt, nickel and coal, and secondbiggest of chief lieutenants, who themselves became billionaires when the company listed, have
Glencore CEO Ivan Glasenberg said on Friday that the company is talking with carmakers and battery makers about nickel a key component in electric vehicle batteries which Tesla CEO Elon Musk has asked miners to produce more of. quot;A lot of the automobile guys and the battery guys are talking to us about nickel,quot; Glasenberg said, speaking during the Financial Times Mining Summit.
Iron ore miner London Mining Plc said it was in dispute with Glencore Plc regarding an offtake agreement and was considering its options, including termination of the contract. The company said the...
By Karen Rebelo (Reuters) London Mining Plc said it would consider ending an iron ore supply contract with Glencore Plc after a dispute over payment, sending shares of the company to an alltime low. Shares of AIMlisted London Mining fell nearly 13 percent to
#0183;#32;(Reuters) London Mining Plc said it would consider ending an iron ore supply contract with Glencore Plc after a dispute over payment, sending shares of
London''s FTSE 100 reversed losses to hit a sixmonth high, up %, with miners Rio Tinto, Glencore ironore prices are surging again as steelmakers in China keep iron ore mining: iron ore news: what is iron ore: current iron ore prices: Prev. 1 234 5. Next 192 results. Top News Videos for iron ore.
Shares of AIMlisted London Mining fell nearly 13 percent to pence on Monday morning, after the company said Glencore had quot;refused to payquot; an advance payment for iron ore to be mined in Sierra Leone. Glencore declined to comment. London Mining said it was in dispute with Glencore about
London Mining says Glencore has refused to pay another cash prepayment in return for a future delivery of iron ore. I would have thought the newly announced 20M facility would have reduced the
An Industry May PayThe departure of Jacques, who joined Rio in 2011 and became CEO in 2016, comes amid wider upheaval in the top ranks of the mining industry, as the sector prepares for a longerterm slowdown in demand from China and navigates moves to decarbonize the global miner BHP Group installed Mike Henry as its CEO in January, 2020, while Glencore Plcs longterm boss
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