Glencore

Mining giants Rio Tinto and Glencore have resumed negotiations regarding a potential £190 billion deal that would establish the world’s largest mining company. On Friday, the two firms confirmed preliminary discussions concerning a combination of businesses, expected to be structured as

A UK subsidiary of the mining company Glencore has been told to pay more than £280 million after it bribed officials in African countries in order to access oil. The company paid $26m (£23m) through agents to officials of crude oil firms in Nigeria, Cameroon and Ivory Coast between 2011