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Spotlight | DRC
Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

Glencore CEO Ivan Glasenberg. © ALEXANDRA WEY/EPA/Newscom/MaxPPP

Ivan Glasenberg has been accused by Katanga Mining's American shareholders of having contributed to the management problems and publication of false information by the Glencore subsidiary operating the Kamoto copper mine. He claims, however, that he and Glencore have nothing to do with the affair. [...]

Published on 09.10.2020 at 05:00 GMT Reading time 2 minutes

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Mining

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DRC
Aristotelis Mistakidis
Brown & Connery
Glencore
Ivan Glasenberg
Jacques Lubbe
Johnny Blizzard
Katanga Mining
Liam Gallagher
Matthew Colwill
Tim Henderson
Toronto Stock Exchange
Wilmer Cutler Pickering Hale and Dorr

DRC
Glencore forks out $180m to Kinshasa over corruption allegations

Several senior Glencore executives were involved in preparing the trader's agreement to compensate RDC $180m for its responsibility in past corruption, as announced on 5 December.

Subscribers only Mining 16.12.2022

DRC
Glencore's Katanga Mining to pay investors $1m

The American shareholders of copper producer Katanga Mining have settled a dispute with the Glencore offshoot that had been simmering since 2017.

Subscribers only Mining 31.03.2021

Mauritius
Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Deon Garbers has kept a low profile since he left Katanga Mining in 2018 following investigations into the Glencore subsidiary. But he recently reemerged to set up a consultancy firm in Mauritius.

Subscribers only Mining 25.03.2021

Botswana
Vast Resources sets up shop in Gaborone

Vast Resources s'intéresse au Botswana, un pays où son président Brian Moritz mène des activités d'exploration de diamants à travers une entreprise qu'il a cofondée. La société britannique a enregistré le 15 février une filiale à Gaborone nommée Vast Resources Botswana.

Subscribers only Mining 01.03.2021

South Africa
Judge Dennis Davis still chasing wealthiest taxpayers

Tax Review Committee chair Dennis Davis has slammed the state's inability to collect dues from its wealthiest citizens. The fiscal authority is trying to get a better grip, but has been left weakened by its previous director.

Subscribers only Finance, Business 20.01.2021

Africa, Switzerland
As Glasenberg retires, Marc Rich's personal assets still structured in Switzerland

As the Glencore chief executive Ivan Glasenberg prepares to step down from the trading company, his predecessor Marc Rich's heirs have kept Switzerland as the base for his family office and foundation. Home to Glencore's founder, the small country also hosts Glasenberg and the trading group.

Subscribers only Finance, Business 15.01.2021

DRC
Shareholders of Glencore subsidiary Katanga Mining seek to end dispute amicably

Katanga Mining, a Glencore subsidiary operating a copper mine in DR Congo, and American shareholders who took a class action against it in the United States, reached an agreement in late December with a view to ending the dispute.

Subscribers only Mining 12.01.2021

Nigeria
Bogged down by US lawsuits, Glencore withdraws in favour of local partner

The investigation started by the American Department of Justice in 2019 into suspected corruption at Glencore subsidiaries in the DRC, Nigeria and Venezuela is beginning to have an impact on the businss of the giant trading group.

Subscribers only Energy 27.10.2020

DRC, Switzerland, Zambia
Swiss 'bourgeois' parties clash over anti-Glencore law

Switzerland's centralists and liberal parties are struggling to come up with a clear line on the popular Responsible Business Initiative that the country will be voting via referendum on 29 November.

Subscribers only Mining 26.10.2020

DRC
Chinese business bridge-builder in Congo pulls out of Manono lithium

Despite the proven potential of the lithium project in Manono, former-president Joseph Kabila's brother's stronghold, Simon Cong sold his shares. The influential Chinese businessman and long-time investor in the project did so as an ownership dispute over the site is pending.

Subscribers only Mining 21.10.2020

DRC
US judge rejects shareholders' class action over DRC corruption allegations involving Glencore and Dan Gertler

Glencore's American shareholders, who are seeking compensation for stock exchange losses they claim resulted from suspicions of corruption in the DRC mining sector involving the trading group and businessman Dan Gertler, have had their case dimissed by a US court.

Subscribers only Mining 27.08.2020

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DRC
Aristotelis Mistakidis
Brown & Connery
Glencore
Ivan Glasenberg
Jacques Lubbe
Johnny Blizzard
Katanga Mining
Liam Gallagher
Matthew Colwill
Tim Henderson
Toronto Stock Exchange
Wilmer Cutler Pickering Hale and Dorr

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Niger
Washington watches as Tehran negotiates with Niamey for 300 tonnes of uranium

Guinea
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Spotlight | DRC
Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

This article may be accessed by subscribers

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Create your free account

create a free account

Set up email notifications for these topics

DRC
Glencore forks out $180m to Kinshasa over corruption allegations

DRC
Glencore's Katanga Mining to pay investors $1m

Mauritius
Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Botswana
Vast Resources sets up shop in Gaborone

South Africa
Judge Dennis Davis still chasing wealthiest taxpayers

Africa, Switzerland
As Glasenberg retires, Marc Rich's personal assets still structured in Switzerland

DRC
Shareholders of Glencore subsidiary Katanga Mining seek to end dispute amicably

Nigeria
Bogged down by US lawsuits, Glencore withdraws in favour of local partner

DRC, Switzerland, Zambia
Swiss 'bourgeois' parties clash over anti-Glencore law

DRC
Chinese business bridge-builder in Congo pulls out of Manono lithium

DRC
US judge rejects shareholders' class action over DRC corruption allegations involving Glencore and Dan Gertler

DRC
Glencore CEO Ivan Glasenberg joins the accused in class action against Katanga Mining

DRC
Glencore wants Swiss not US courts to rule on shareholder dispute

DRC
Glencore investors continue search for Jacque Lubbe

DRC
Glencore's woes over Kamoto flow over into New Jersey

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Indigo Publications' websites

Niger Washington watches as Tehran negotiates with Niamey for 300 tonnes of uranium

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Spotlight | DRC Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

DRC Glencore forks out $180m to Kinshasa over corruption allegations

DRC Glencore's Katanga Mining to pay investors $1m

Mauritius Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Botswana Vast Resources sets up shop in Gaborone

South Africa Judge Dennis Davis still chasing wealthiest taxpayers

Africa, Switzerland As Glasenberg retires, Marc Rich's personal assets still structured in Switzerland

DRC Shareholders of Glencore subsidiary Katanga Mining seek to end dispute amicably

Nigeria Bogged down by US lawsuits, Glencore withdraws in favour of local partner

DRC, Switzerland, Zambia Swiss 'bourgeois' parties clash over anti-Glencore law

DRC Chinese business bridge-builder in Congo pulls out of Manono lithium

DRC US judge rejects shareholders' class action over DRC corruption allegations involving Glencore and Dan Gertler

DRC Glencore CEO Ivan Glasenberg joins the accused in class action against Katanga Mining

DRC Glencore wants Swiss not US courts to rule on shareholder dispute

DRC Glencore investors continue search for Jacque Lubbe

DRC Glencore's woes over Kamoto flow over into New Jersey

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Niger
Washington watches as Tehran negotiates with Niamey for 300 tonnes of uranium

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

Spotlight | DRC
Glencore chief executive Ivan Glasenberg denies involvement in Katanga Mining's alleged misconduct

DRC
Glencore forks out $180m to Kinshasa over corruption allegations

DRC
Glencore's Katanga Mining to pay investors $1m

Mauritius
Ex-Glencore and Trafigura exec Deon Garbers resurfaces in consulting

Botswana
Vast Resources sets up shop in Gaborone

South Africa
Judge Dennis Davis still chasing wealthiest taxpayers

Africa, Switzerland
As Glasenberg retires, Marc Rich's personal assets still structured in Switzerland

DRC
Shareholders of Glencore subsidiary Katanga Mining seek to end dispute amicably

Nigeria
Bogged down by US lawsuits, Glencore withdraws in favour of local partner

DRC, Switzerland, Zambia
Swiss 'bourgeois' parties clash over anti-Glencore law

DRC
Chinese business bridge-builder in Congo pulls out of Manono lithium

DRC
US judge rejects shareholders' class action over DRC corruption allegations involving Glencore and Dan Gertler

DRC
Glencore CEO Ivan Glasenberg joins the accused in class action against Katanga Mining

DRC
Glencore wants Swiss not US courts to rule on shareholder dispute

DRC
Glencore investors continue search for Jacque Lubbe

DRC
Glencore's woes over Kamoto flow over into New Jersey