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Tag: Glencore

Coal included in Glencore’s net zero emissions pledge

Glencore has signposted its ambition to be a net-zero emissions company by 2050.

The first steps will be managing the operational footprint followed by investing in the metals portfolio, reducing coal production and supporting deployment of low emission technologies.

That’ll equal a 40 percent reduction in emissions by 2035.

The package will include a future for the company’s coal assets in Australia said Glencore CEO Ivan Glasenberg.  

“The world today depends on fossil fuels – coal, natural gas and oil – to meet its energy needs,” he said.  

“Under all credible scenarios, fossil fuels will. . .

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McArthur River mining operations.

NT zinc mine wins approval for management plan

The Northern Territory Government has approved McArthur River mine's amended Mining Management Plan 2020, clearing the way for continued operations and ongoing employment of about 1000 people.

It says the Glencore-owned mine, which has been operating since 1995, is one of the world’s largest zinc resources and will play a key role in supporting Territory jobs for decades to come. 

"The Territory Labor Government is supporting jobs and protecting the environment through strict regulation for the McArthur River Mine and its future operations," Mining and Industry Minister Nicole Manison said. 

“Our resources industry is one. . .

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Lady Loretta puts out the welcome mat

Employees from Glencore's Lady Loretta mine had the opportunity recently to meet with neighbouring landowners and key local stakeholders as part of its annual Neighbours Day.

Stakeholders made the 280km round trip by bus for an opportunity to see the high-grade, zinc-lead-silver underground mining operation first-hand.

A surface tour was followed by an operational update presented by the management team and various mining displays, with visitors having an opportunity to go underground.

The day was capped off with a barbecue lunch and tour of the Lady Loretta village camp, which includes a pool, impressive gym. . .

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Glencore signed up for $249m Sandvik deal

Sandvik has revealed details of a $249 million deal to supply machinery including drills, loaders and trucks for Glencore Queensland Metals operations over six years.

A Sandvik DD421 development drill supplied last month was the first piece of equipment under the deal, which covers Glencore’s underground mobile mining equipment and aftermarket parts.

Sandvik Mining and Rock Technology global account manager for Glencore, Tim Redmond, said the deal - signed in June - came after more than a year of negotiations and followed Glencore issuing a heavy mining equipment (HME) tender in 2018.

Glencore requested an additional response to the. . .

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Government lifeline secures copper future

Glencore will continue to run its copper smelter in Mount Isa and refinery in Townsville beyond 2022 after reaching an agreement with the State Government.

The company announced today that it would receive a one-off incentive from the State Government and also planned to invest more than $500 million for the continued operation of the plants.

The incentive, offered under the Queensland Government's North Queensland recovery plan, would partially mitigate the negative costs of running the assets - which faced high fixed. . .

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Glencore copper smelter announcement looms

An announcement is expected within six weeks regarding the future of Glencore's Mount Isa copper smelter and Townsville copper refinery.

Glencore Queensland Metals chief operating officer Matt O'Neill said the company was in the final stages of reviewing the business case for the facilities.

The Australian Workers' Union and Mount Isa Mayor Danielle Slade recently called on the Queensland Government and Glencore to commit to the long-term future of the Mount Isa Mines copper smelter.

The closure and its flow-on effects could mean more than 1000 job losses, with a devastating impact on the community, Cr. . .

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Milestone for Mount Isa’s Black Rock Cave project

The first production ore from the Black Rock Cave project at Mount Isa Mines has come online more than two years after the underground mine development began.

The ore body is expected to yield about 1.8 million tonnes of copper ore from 2020 to 2024.

General manager Mount Isa mining Simon Pope said ore from the Black Rock Cave project would be extracted from a series of sub-levels downward through the ore body in a highly efficient pattern, using loaders and trucks to transfer ore to the surface.

“Glencore’s Ernest Henry Mining, located outside of Cloncurry, successfully. . .

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New loaders in George Fisher automation drive

Six Sandvik LH517i's are being introduced at George Fisher Mine in Mount Isa as part of an automation project.

The Glencore-owned mine welcomed the first three new underground loaders in June, according to the company's Resourceful news bulletin.

The company says the transformative automation project is designed to improve safety, and increase efficiency and productivity.

Principal project engineer − automation, Nick Fryer, said all six Sandvik LH517i's would come online over the next eight months, replacing existing units as they reached their end of life.

"Three loaders have been introduced this year and a further. . .

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Glencore on the ball with concentrator upgrade

Glencore has brought a new ball mill online at the Mount Isa Mines copper concentrator in a move to improve flotation performance.

A third ball mill complete with a 3500 horse power-motor now sits between the SAG milling and flotation sections at the concentrator.

It will deliver finer ground ore to increase metal recovery and improve the quality of copper concentrate supplied to the Mount Isa copper smelter, Glencore says.

Installation was largely completed in June and the mill has been in operation since the start of July this year.

. . .

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Change in the air at George Fisher underground mine

Glencore has boosted ventilation capacity with a significant infrastructure project at Mount Isa's George Fisher underground mine.

The upgrade would allow for the safe extraction of a mining block affectionately known as ‘the blob’ due to the unique shape of the orebody, the company said.

The project involved drilling two 335m deep shafts − a fresh air intake and a return air shaft (each 3.5m in diameter) – using conventional raise boring.

The civil works for the fan installation involved the pouring of more than 1000 cubic metres of structural concrete.

The 17m high fan structure installed features a 4. . .

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Glencore boost for COVID-19 vaccine development

Glencore has provided a $725,000 funding injection to the University of Queensland's efforts to develop a vaccine for COVID-19.

UQ's 'Molecular Clamp' project uses technology that ensures the vaccine induces an immune response that recognises and then neutralises the virus.

Yesterday it was announced that a Phase l clinical trial involving 120 healthy adult volunteers has begun with the first dose of the UQ COVID-19 vaccine being given at the Brisbane clinic of clinical trials specialist, Nucleus Network.

. . .

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Transition from remote work for Queensland Metals

Remote workers are returning to the workplace at Glencore's Queensland Metals operations, with measures including fever checks in place to safeguard again the spread of COVID-19.

The company said employees had worked remotely where they could, as one of a range of measures put in place across the operations in March in response to the virus.

Queensland Metals general manager for health, safety, environment and community Maryann Wipaki said that after reviewing risk management processes and seeking the advice of heath authorities, the business had commenced transitioning employees back to the workplace.

"The transition will take a few. . .

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Streaming solution as COVID-19 keeps researchers off site

As COVID-19 restrictions put the brakes on site visits, mineral processing experts from Queensland's Julius Kruttschnitt Mineral Research Centre (JKMRC) took a new approach to keep key work on track.

Surveying, diagnosing and identifying improvement opportunities for processing plants generally requires teams to travel to a mine site, to undertake hands-on testing alongside mine personnel

However the challenges of COVID-19 prompted the JKMRC experts to develop a remote survey coordination method with Glencore in Mount Isa to facilitate the same procedures through the use of video streaming.

“Usually when one conducts a survey like this, it. . .

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Glencore's Mount Isa Mines

Minister seeks Glencore meeting over restructure

Mines Minister Anthony Lynham says he will be arranging a meeting with Glencore over plans to combine its Queensland copper and zinc operations under a single management structure.

The company announced the shake-up last week, sparking concerns about what this will mean for North and North West Queensland operations.

Today a Glencore spokeswoman maintained that it would be premature to comment on any potential job impacts and said the company had started an internal consultation process.

Member for Traeger Robbie Katter raised the matter in Parliament last week, calling on Premier Annastacia Palaszczuk to 'pull the necessary levers' to. . .

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Glencore's Mount Isa Mines

Shake-up for Glencore’s Qld metals operations

Glencore is combining its Queensland copper and zinc operations under a single management structure, but says it is too early to comment on what the change will mean for jobs .

This image has an empty alt attribute; its file name is https://e76cks8rm9p.exactdn.com/wp-content/uploads/2024/03/a.jpg?strip=allMatt O'Neill, Glencore.

The restructured Glencore Queensland Metals businesswill be headed up by Matt O'Neill, the chief operating officer for. . .

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