london mining in iron ore dispute with glencore

Glencore courts Guinea''s iron ore treasures

2014-8-6 · Glencore is the latest mining major looking to invest in iron ore assets in Guinea. Most interest is focused on Simandou, one of the world''s biggest deposits.

London stocks slide amid Evergrande crisis and mining …

2021-9-20 · Those worries hit miners, along with another drop in iron ore prices on reports China had imposed some more steel cuts. Mining stocks led the decliners in London with Anglo American Glencore and ...

London Mining, African Minerals settle Sierra Leone dispute

2009-8-21 · Africa-focused minerals development companies London Mining and African Minerals have settled their claims over the Marampa iron-ore property, in Sierra Leone, and have agreed on the boundaries of ...

Glencore Xstrata suspends Australian iron production

2013-7-16 · Glencore Xstrata suspends iron ore production in Australia due to weak demand, and prepares to sell off a Peruvian copper mine on orders from China.

African Minerals, London Mining and the fall of Sierra ...

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 Mining''s position weaken into September, compounded by a dispute with Glencore prompted by the trader refusing to make a down payment for a cargo.

London Mining, in iron ore dispute with Glencore, faces ...

London Mining, in iron ore dispute with Glencore, faces funding shortfall. ... London Mining''s off-take deal with Glencore, which advances it cash for future iron ore deliveries, is one of its few ...

Glencore courts Guinea''s iron ore treasures

2014-8-5 · Glencore is the latest mining major looking to invest in iron ore assets in Guinea. Most interest is focused on Simandou, one of the world''s biggest deposits. Any …

Sundance refers iron ore dispute with Congo Republic to ...

2021-3-25 · Australia''s Sundance Resources said on Thursday it had referred its dispute with Congo Republic over the Nabeba iron ore project to arbitration in London, where it is seeking $8.76-billion in damages.

London Mining in iron ore payment dispute with Glencore ...

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 ...

London Mining says in iron ore dispute with Glencore | …

2014-9-22 · 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 all-time low.

INTERVIEW: Amur, Glencore to ship iron ore from NRR ...

2020-8-26 · London — Russia-focused miner Amur Minerals has invested, alongside Glencore International, $4.67 million in Nathan River Resources, or NRR, which owns the Roper Bar iron ore project in Australia''s Northern Territory, with plans to start shipments as soon as Q4 2020, Amur''s senior adviser to the board, Adam Habib, said Aug. 25.

Nathan River strikes deal with Amur, Glencore

2020-8-26 · Nathan River Resources has received backing from London-listed Amur Minerals and Glencore to progress its Roper Bar iron ore project in the Northern Territory. The open-cut iron ore mine in the ...

London Mining says in iron ore dispute with Glencore

2014-9-22 · London Mining Plc (Other OTC: LIIGF - news) said it would consider ending an iron ore supply contract with Glencore Plc (Xetra: A1JAGV - news) after a dispute over payment, sending shares of the company to an all-time low. Shares (Berlin: DI6 - news) of AIM-listed London Mining fell nearly 13 percent to 22.50 pence on Monday morning, after the company said Glencore …

GLENCORE SIGNS ON TO SPANISH IRON ORE PROJECT | …

Solid Resources has attracted Glencore Xstrata as a partner on its Cehegin iron ore concession in Murcia province of SE Spain bject to due diligence, the exclusive cooperation agreement envisages the setting up of a joint venture (Solid 80%, Glencore 20%) to explore and develop a new mine on what was once Europe''s largest iron ore openpit.Glencore will have exclusive …

Glencore: Glasenberg''s turbulent tenure comes to an end ...

2020-12-5 · Glencore''s London-listed shares rose. The relentless Glasenberg took over as CEO in 2002 and became synonymous with the world''s biggest trader in coal, nickel, oil and agriculture. During his first nine years, the closely held company rode the Chinese-fueled commodity boom that sent demand for raw materials, and their prices, to ...

London Mining in offtake contract dispute with Glencore

2014-9-22 · UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it is in dispute with the international commodities producer and trader Glencore regarding a cash prepayment amount which London Mining has requested and which Glencore has refused to pay.

Update: London Mining Is Fighting With Glencore …

Summary. 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 …

London Mining Plc And Glencore PLC Slide After Payments ...

2014-9-22 · So, it would appear as if London Mining has the upper hand here. For Glencore, however, the dispute over payment and cancellation of supply could be good news. Indeed, the price of iron ore has ...

Glencore Agrees to Study $3 Billion Congo Iron Ore Mine ...

2013-9-13 · Glencore raised about £6.8bn in May last year when it floated its shares. Glencore Xstrata Plc (GLEN), the global commodity trader and metals producer run by billionaire Ivan Glasenberg, agreed to proceed with a study into an iron ore mine in the Republic of Congo that may cost as much as $3 billion. The assessment, with partner Zanaga Iron Ore …

Metals & Minerals

2021-9-20 · Metals & Minerals. We produce and market a diverse range of metals and minerals – such as copper, cobalt, zinc, nickel and ferroalloys - and also market aluminium/alumina and iron ore from third parties. Copper. We are one …

London Mining, Glencore in contract dispute

2014-9-22 · Sept 22 (Reuters) - Iron ore miner London Mining Plc (Other OTC: LIIGF - news) said it was in dispute with Glencore Plc (Xetra: A1JAGV - news) regarding an offtake agreement and was considering its options, including termination of the contract. The company said the dispute was about cash prepayment amount, which Swiss-based miner and commodities trader Glencore …

London Mining says in iron ore dispute with Glencore

London Mining Plc (LOND.L) said it would consider ending an iron ore supply contract with Glencore Plc (GLEN.L) after a dispute over payment, sending shares of the company to an all-time low. Shares of AIM-listed London Mining fell nearly 13 percent to 22.50 pence on Monday morning, after the company said Glencore had "refused to pay" an ...

Glencore interested in mining iron ore

2011-8-25 · Glencore and U.S.-based mining company Wings Enterprises Inc. have also agreed to jointly develop an abandoned magnetite mine in Missouri to produce rare earths and iron ore. Glencore will have ...

Other metals and minerals

2021-9-24 · 7.2 mt. of alumina/aluminium sold via our marketing business. 57.6 mt. of iron ore sold via our marketing business. Uses. Aluminium. As a lightweight but strong metal, aluminium is widely used in cars, planes and trains, and in recyclable food packaging such as cans and foil. In construction, it is used in window and doorframes, roofs, facades ...

London Mining in dispute with Glencore over iron-ore ...

2014-9-22 · London Mining said Monday that it is in dispute with its offtake partner Glencore about its request for cash prepayment for iron ore from its Marampa project in Sierra Leone, which Glencore has refused to pay.

Glencore CEO Criticizes Industry for Over-Investment in ...

2014-12-10 · Ivan Glasenberg, chief executive of Glencore, criticized the mining industry for its over-investment in iron ore. LONDON—The chief executive of mining giant Glencore PLC, Ivan Glasenberg, again ...

Glencore (LON: GLEN) and Rio Tinto (LON: RIO) – Are they ...

2021-8-12 · Rio Tinto is an international mining group engaged in the mining and processing of mineral resources such as iron ore, bauxite, copper, etc. The company increased its spending on exploration and evaluation to $324 million in H1 2021 due to its progression into greenfield programs across eight commodities in 19 countries, particularly Winu ...

Legal challenges mount for Glencore

2020-6-22 · Glencore shares were trading at just below 169p late morning on Monday, down 2% from Friday''s closing price, capitalising the company at £22.46 billion. Both BMO and RBC Capital rate the company ...

''Mick the Miner'' faces biggest test yet with iron ore venture

2021-2-25 · Rival Glencore is not involved in the area but outgoing boss Ivan Glasenberg is enthusiastic about its iron ore prospects, given the strong demand for iron ore and success of Guinea''s bauxite ...

London Mining and Glencore share prices hit by dispute ...

2014-9-22 · London Mining has accused Glen­core of non-payment of an iron ore contract between the two mining firms, hitting shares in

GLENCORE: DEAL SET FOR ASKAF IRON ORE PROJECT | …

Glencore finalised a deal with Mauritanian state mining firm SNIM to develop the Askaf iron ore project in exchange for access to rail, port and storage facilities.SNIM said the deal would last for 18 years following the start of production at Askaf, one of two Mauritanian fields Glencore has been assessing. Reuters

Saulo Aievoli

Saulo Aievoli | Singapore | Head of Freight/Iron Ore Trader at Glencore Singapore PTE Ltd - Member of the board globalORE | After lived and worked in USA, Denmark, China, Switzerland and currently Singapore, I am a professional that can work and think globally. | 500+ connections | View Saulo''s homepage, profile, activity, articles

London Mining says in iron ore dispute with Glencore

2014-9-22 · Shares of AIM-listed London Mining fell nearly 13 percent to 22.50 pence on Monday morning, after the company said Glencore had "refused to pay" an advance payment for iron ore to be mined in ...

Investegate |London Mining Plc Announcements | London ...

London Mining is an expanding producer of high specification iron ore concentrate for the global steel industry and is focused on identifying, developing and operating sustainable mines. The Company is on track to produce c. 5Mwmt in 2014, from its owned Marampa Mine in Sierra Leone, increasing to 6.5Mwmt/a following the next phase of ...

Glencore wants ALL of Fe''s iron ore from its JWD mine

2021-7-27 · Glencore wants ALL of Fe''s iron ore from its JWD mine. There''s something to be said about certainty, which is exactly what Fe has achieved for its JWD iron ore …

Dispute around Rio Tinto ...

2010-11-4 · Dispute around Rio Tinto subsidiary''s mine in Madagascar. QMM or QIT Madagascar Minerals stopped all activities on Tuesday, October 26, 2010. It occurred after the persisting roadblock set by the Fagnomba movement at Mandena. Despite Rio Tinto''s promises of exemplary behaviour, clearly not everyone around its QMM subsidiary''s mine is happy.