International news within the industry of mining and metal, Jul, 23 2018
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Glencore's share price in free fall after corruption suspicions

Glencore mine at Antapaccay. Photo Courtecy: Glencore Xstrata
Glencore mine at Antapaccay. Photo Courtecy: Glencore Xstrata
Published by
Markku Björkman - 06 Jul 2018

The Swiss mining giant Glencore's share price fell 6 percent on the London Stock Exchange on July 3, while it became known that the US Department of Justice opened an extensive corruption investigation against the company for its operations in Nigeria, DR Congo and Venezuela.

Suspicions about corruption regarding Glencore's operations, especially in DR Congo, are not new, writes the magazine Le Revenu. According to Bloomberg, Glencore could be the subject of a corruption investigation also in Britain regarding DR Congo operations.

Glencore also charts in the Paradise Paper leak, revealing several well-known people and corporate tax optimization statements.

Glencore, headquartered in Baas, Switzerland, is listed on the Paris and London exchanges.
 

Keliber geologists on the run in Finnish forests. The first indications of spodumene, a mineral rich in lithium, in the bedrock of Kaustinen were discovered in the village of Nikula in 1959. Since then, the area has been explored in a number of stages spanning the past decades. Today, the lithium spodumene deposits of Central Ostrobothnia are one of the most important reserves in Europe. Photo: Keliber
Keliber geologists on the run in Finnish forests. The first indications of spodumene, a mineral rich in lithium, in the bedrock of Kaustinen were discovered in the village of Nikula in 1959. Since then, the area has been explored in a number of stages spanning the past decades. Today, the lithium spodumene deposits of Central Ostrobothnia are one of the most important reserves in Europe. Photo: Keliber

Kelibers environmental impact assessment answered by the NTM Center

"Harmful substances in the slate"

On January 18 this year, the mining company Keliber sent an MKB description to the Finnish NTM...