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Workers at Glencore's copper refinery in North Queensland went on strike after negotiations that began nearly a year ago failed to resolve disputes over better wages and working conditions, the Australian Workers' Union (AWU) said on Friday.
Glencore CEO Gary Nagle is hoping a recent surge in coal prices will help bring Rio Tinto back to the table for a fresh attempt at creating the world's biggest mining company, three investors said, after meeting with leaders of both companies in Australia this week.
Here is how Glencore PLC (GLNCY) and OR Royalties (OR) have performed compared to their sector so far this year.
Workers at Glencore's copper refinery in North Queensland plan to go on a strike after nearly a year of failed negotiations over pay and working conditions, the Australian Workers' Union (AWU) said on Wednesday.
Analysts at Jefferies argue that the outbreak of conflict in the Middle East, while deeply troubling, is fundamentally positive for mining stocks, and the logic is harder to dismiss than it sounds. The supply shock hiding in the Strait of Hormuz Before the geopolitical noise, there is a simple commodity story.
Does Glencore PLC (GLNCY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Gains ownership and control over one of the largest, strategically located, prolific geologic environments for critical and precious metals in Quebec, Canada Toronto, Ontario--(Newsfile Corp. - March 2, 2026) - Nuvau Minerals Inc. (TSXV: NMC) (the "Company" or "Nuvau") has achieved a significant milestone on the road toward a production restart at its flagship Matagami Property. The Company has completed the acquisition (the "Earn-In Transaction"), from Glencore Canada Corporation ("Glencore Canada"), of interests in certain properties comprising the Matagami mining camp (collectively, the "Property"), located in the Abitibi region of central Québec, Canada, pursuant to a second amended and restated earn-in agreement dated January 28, 2026 among the Company, Nuvau Minerals Corp. (the Company's wholly-owned subsidiary, "Nuvau Corp.") and Glencore Canada (the "Earn-In Agreement").
TORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) to acquire, through a wholly-owned subsidiary, Glencore Canada Corporation's (“Glencore”) 100% interest in the Kidd operations (“Kidd” or the “Kidd Operations”) in Timmins, Ontario (the “Transaction”). The Kidd Operations include the Kidd Metallurgical Site (the “Kidd Met Site”), the Kidd tailings management area (the “Kidd TMA” or the “TMA”) and the Kidd Creek copper, zinc and silver mine (the “Kidd Creek Mine”). All amounts are in US dollars unless otherwise specified.
South Africa's Astron Energy, a unit of Glencore , will deploy bunkering tanker Pearl Kate to help move low-sulphur marine fuel along the coast after another vessel was seized by tax authorities, according to court documents and industry sources.
Glencore plc (GLNCY) Q4 2025 Earnings Call Transcript
Glencore traded more oil last year but earned less from its energy trading business for the third year in a row, the commodity trader and mining group's annual earnings showed on Wednesday.
Glencore PLC shares climbed over 3% to 501.8p, not far from three-year highs after reporting a final results for 2025 where it talked up a bigger push into copper. Boss Gary Nagle doubled down on the orange metal, citing “clear momentum" for this as a growth strategy.
Glencore PLC reported lower year-on-year earnings despite a recovery in the second half of last year, but the decline was less than City analysts had forecast. The miner and trader proposed a base distribution of $0.10 per share for 2026, around $1.2 billion, plus a top-up of $0.07 per share due to the increased value of its surplus Bunge shareholding, taking total cash returns to about $2 billion.
Performance reflected lower energy and steelmaking coal prices partially offset by stronger metals prices, including higher zinc earnings, Glencore said.
Glencore is not only one of the giants in copper mining but is also #1 in other minerals and metals. It is also the #1 trading metals and resources firm in the world. GLNCY's unique trading arm, recycling operations, and global logistics network drive resilience and profit from volatility in metals and energy markets. Despite its breadth, GLNCY's share price appreciation lags that of peers, creating a misunderstood value opportunity relative to pure-play copper competitors.
Analysts at JPMorgan have resumed coverage of Rio Tinto Ltd at 'Overweight' with a £75.00 price target, signaling confidence in the mining giant's strategic positioning even as merger talks with Glencore PLC collapse. The note, a day after Rio Tinto confirmed it is no longer pursuing a merger or business combination with its rival, also saw the American investment bank's UK analyst also brought Glencore back under coverage, with a 'Neutral' rating and a £4.90 price target.
The decision by Rio Tinto and Glencore to abandon merger talks now has analysts divided on the companies' prospects in what JPMorgan has called “the age of critical minerals.”
Deal talks between miners Rio Tinto and Glencore came to nothing as differences on price couldn't be bridged.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) and Glencore PLC (LSE:GLEN) said on Thursday they have ended merger discussions after failing to agree on terms, marking the collapse of what could have been one of the mining sector's most high-profile deals. Rio Tinto said it is no longer considering a merger with Glencore, citing an inability to reach a deal it believes would deliver value to shareholders.
Rio Tinto walked away from a mega-mining deal with rival Glencore for the third time on Thursday.