To extend its Sudbury, Ont., mining operations to 2040, Glencore plans to go very deep underground. The mining giant expects its $1.3-billion Onaping Depth project to be fully operational by 2025.

Glencore is spending nearly $1 billion to find new ore underneath Sudbury. But like the similar deep mining project announced recently by Vale, Onaping Depth is less about creating jobs than ...

Craig Mine Onaping Depth Project selects MacLean full-fleet electrification With the Onaping Depth Project advancing towards production, MacLean battery electric mining vehicles (BEVs) have been ...

Glencore’s Sudbury Integrated Nickel Operations has ordered a full fleet of battery-electric equipment for the Onaping Depth project in Ontario, Canada.

A worker walks through a tunnel on the 1200 meter level of the Glencore Onaping Depth nickel mine project in Onaping, Ontario, Canada, on Wednesday, Aug. 2, 2023.

Glencore plc (OTCPK:GLCNF) Q4 2024 Earnings Call February 19, 2025 3:30 AM ET. Company Participants. ... Nickel OD, Onaping Depth, it’s been a long drawn out process, ...

Gary Nagle’s big deal is supposed to just be a start. The chief executive of $70 billion miner Glencore last month bought 77% of Canadian peer Teck Resources’ coal division for $6.9 billion ...

Glencore, which had been consulting investors on possibly spinning off coal assets, also reported a first-half net loss of $233 million, after booking $1.7 billion of one-off items, including ...

Glencore's dual focus on coal and commodities trading creates two robust cash-generating engines, supporting a strong investment case despite past share underperformance. Recent coal acquisitions ...

Commodities giant Glencore (GLCNF) has been ordered to pay a record £281 million ($314 million) penalty by a UK court for bribing officials across Africa to gain access to oil. The UK government ...

Li-Cycle (OTC:LICYF) soared 55% after Glencore Canada said it may be interested in a potential acquisition of the lithium-ion ...

Glencore’s original merger offer is still on the table, but the company has indicated to Teck that it would also be willing to buy just the coal business—which it had previously valued at more ...