Brought to you by Investec Switzerland. Miners had been digging in one of Australia’s oldest collieries for almost a century until operations wound down a year ago, the victim of plunging global commodity prices. Now owner Glencore Plc is resuming output at the Queensland site, the latest sign of a profit bonanza bringing the world’s […]
Glencore under wide attack
Zug-based mining and commodities giant Glencore is facing fierce, detailed criticism of its operations and financial dealings in the Democratic Republic of Congo. Swiss NGOs Bread for All and Fastenopfer, and UK human rights watchdog RAID have issued an exhaustive report accusing the company of allegedly polluting drinking water, evading tax, opaque financial transactions, human […]
