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Glencore plc is a Anglo-Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland.Glencore's oil and gas headquarters are in London, England as well as its primary listing being on the London Stock Exchange, and it is one of the largest components of the FTSE 100 by market capitalization.
The McArthur River mine is a zinc-lead mine, [4] situated about 70 kilometres southwest of Borroloola, near the Gulf of Carpentaria in the northeastern Northern Territory, Australia. It is operated by McArthur River Mining (MRM), a subsidiary of the Swiss mining company Glencore. Although discovered in the 1950s, when it was originally called ...
Kidd Mine or Kidd Creek Mine is an underground base metal (copper-zinc-silver) mine 24 km (15 mi) north of Timmins, Ontario, Canada. It is owned and operated by Swiss multinational Glencore Inc. The ore deposit was discovered in 1959 by Texas Gulf Sulfur Company. Exploration drilling at the Kidd site began in November 1963.
The PolyMet Mine or NorthMet Mining Project is a proposed copper mining and processing operation ... ultimately owned by Glencore, ... Up to 500 direct full-time jobs [5]
The Rosh Pinah mine is a mine near Rosh Pinah in the ǁKaras Region of southern Namibia. It is one of the largest and most important lead and zinc mines in Namibia . The mine is located in the extreme southwest, about 20 kilometres (12 mi) north of the Orange River and 50 kilometers east of the Atlantic . [ 1 ]
By 2011, Glencore operated the mine and had a 40% stake through a 50% holding in Samref Congo Sprl, which in turn held 80% of Mutanda, with the state-owned Gécamines holding the other 20%. In 2011, Gécamines sold its shares to Rowny Assets Limited, a company associated with Israeli billionaire Dan Gertler . [ 9 ]
The project was initiated as a joint venture between Murrin Murrin Holdings Pty Ltd, a wholly owned subsidiary of Anaconda Nickel Limited (whose share was 60%) and Glenmurrin Pty Ltd, a wholly owned subsidiary of Glencore International AG, which had a 40% share. [2] In 2003 Anaconda changed its name to Minara Resources Limited.
In 2005, proceeds from an oil sale to Glencore, an Anglo–Swiss multinational commodity trading and mining company, were seized as fraudulent gains as part of an investigation into corruption in the country (Allen-Mills 17 June 2008). [9]