News Articles for Glencore

Shares in Perth-based Hot Chili have risen by more than 20 per cent after the copper explorer said it had secured funds to complete its purchase of an overseas project.

Nine years ago, Hot Chili won the prestigious Emerging Company Award at Diggers & Dealers in Kalgoorlie and this week the company is presenting there again as one of only two companies worldwide to make a major copper discovery since 2016 which has now attracted the interest of mega resource house Glencore. Hot Chili's rival in the major copper discovery space is Rio Tinto's Winu discovery in WA.

The EPA has given Glencore subsidiary Minara Resources the green light to conduct an exploration program in the southern portion of its Irwin Hills Project in the north-eastern Goldfields.

Perth executives Bill Beament and Nev Power are among the key players in a new US company looking to raise $US287 million ($A380 million) to invest in mining and metals.

Perth-based nickel miner Minara Resources is pushing ahead with plans to assess the development potential of its Irwin Hills Project in the north-eastern Goldfields.

The grain industry is sharpening its strategy with new markets, new products and a focus on supply chain costs.

Subiaco-based tech company K2fly has signed a five-year contract with Rio Tinto for the provision and implementation of its RCubed resources software across 20 reporting sites.

Major WA agribusinesses plan new investments to create scale and efficiency, while smaller operators are cooperating to access new markets with niche products.

Industry stakeholders are concerned about the level of port market share held by grain handler CBH Group, while entry for new players like Bunge has been challenging, according to a new Australian Competition and Consumer Commission report.

NRW Holdings has announced it has recently won $57 million worth of contracts through its Action Drill & Blast subsidiary, for work on five coal mines on the east coast.

Guildford-based BYAC Contracting has been placed into liquidation after losing a long-running contract at the Murrin Murrin nickel project and failing to establish itself as a training provider.

Swiss commodities multinational Glencore has taken an 8.5 per cent stake in battling iron ore miner Atlas Iron through subsidiary Maru Sky.

The long-running saga of the Windimurra vanadium project has taken a new turn, with listed company Atlantic pitching a low-ball offer to buy the $560 million development from one of its own subsidiaries.

BHP Billiton is assessing dams at all its facilities around the world following the deadly dam disaster in Brazil.

The recent travails of VW and Glencore provide a stark reminder of the limits of globalisation.

Nickel producers are waiting for one of their cohort to ‘blink' first, as overproduction and sluggish demand threaten the sector's viability.

The wholesale supplier has lost a huge chunk of its stock market value as it battles the grocery giants.

Local miner Western Areas has expanded its operations portfolio with the acquisition of Glencore Xstrata's mothballed Cosmos nickel project in the Agnew Wiluna belt, for $24.5 million.

An innovative escape system for underground mines is just the beginning for resources sector entrepreneur Steve Durkin.

You don't need to listen too closely to hear the pips squeaking in Western Australia's iron ore lemon after a week-long debate about the state's most important industry, which appears to be heading for a crisis that will hit companies and governments in equal measure.

Successfully doing business in India involves navigating a labyrinthine world usually impenetrable to outsiders.

Mineral developer IMX Resources will sell part of its Ntaka Hill nickel mine to Mauritius-based private equity company Fig Tree Resources Fund II, with plans to use the cash to fund its nearby graphite project.

Crane hire company Boom Logistics is relying on staff cuts and surplus asset sales to pay down debt amidst challenging market conditions, the company said today.

Small iron ore miners operating in a $70/t environment are struggling, but in a different way so are the majors battling to satisfy investor expectations.

The iron ore majors' move to flood the market may see off their small rivals, but a bigger opponent looms large.

Our annual Biggest Employers feature has the latest BNiQ data on employment trends in WA, including the companies that are expanding and those that are shrinking, and in-depth analysis of what's happening in mining, construction, health care, accounting, law and other industries.

Shares in Perth-based gold explorer Talisman Mining have surged more than 70 per cent after the company announced it had entered into a binding agreement for Swiss-based Glencore's Sinclair nickel project in the Goldfields for $10 million.

Verbal and financial volatility is the best way to describe what's happening in Western Australia today.

Woodside Petroleum has finalised an agreement with Noble Energy and Glencore International to farm in to the Tilapia Production Sharing Contract off the coast of Cameroon.

A recent study of world LNG supply and demand has some positive news for WA.

Global law firm Squire Patton Boggs has grown its Perth corporate practice division with the addition of Simon Rear, who is moving from Allion Legal.

Subiaco-based gold and metal base explorer Ironbark Zinc has announced a $2.5 million capital raising for permitting and pre-development works at its Citronen zinc project in Greenland.

BHP Billiton has confirmed long-running speculation that its Nickel West business is potentially up for sale, including the Mt Keith, Cliffs and Leinster mines, as well as the operations' processin

The cost of doing business in Australia means the country has become an investment no-go zone for international companies.

A move by the Indonesian government to boost activity in its nickel mining sector could have a positive spin-off for Australian miners.

Colin Barnett will surely take a consultative approach when it comes to a review of state mining royalties.

Global food markets don't always behave as might be expected, particularly in China, where the government plays such a dominant role.

Power generator Pacific Energy has reported record earnings for FY2013 but revised down its earnings guidance for the current financial year after being hit by project closures and the general slow

Rio Tinto has boosted its global iron ore production to a record level during the June 2013 quarter, as it reviews new options to achieve its growth target at its Pilbara operations. Rio has also disclosed the high cost of a legal dispute with Gina Rinehart's company Hancock Prospecting.

Gold and iron ore are the newsmakers in Western Australia's mining industry but nickel could be the troublemaker, with most nickel mines now operating at a loss, potentially triggering another roun