Oakey Creek Mine, operated by Glencore Australia. Picture: Supplied.
Oakey Creek Mine, operated by Glencore Australia. Picture: Supplied.

Fraud investigation into major mining company

INTERNATIONAL mining giant Glencore is under investigation from the UK Serious Fraud Office.

The Sydney Morning Herald has reported the SFO investigation added to ongoing corruption probes into one of the world's biggest commodities traders in the US and Brazil.

In a company statement to investors, Glencore said the SFO had opened an investigation into suspicions of bribery in the business conduct of the group.

"Glencore will co-operate with the SFO investigations," the statement said.

Glencore Australia operates multiple coal mines in the Bowen Basin including mines in Clermont, Collinsville, Glenden, Emerald and Middlemount.


Fire permits no longer needed on Far North Coast

premium_icon Fire permits no longer needed on Far North Coast

BUSH fire danger period to end early in Northern Rivers andFar North Coast...

Tiny Dancer born after mum goes into labour at Elton concert

premium_icon Tiny Dancer born after mum goes into labour at Elton concert...

Elton John inspires a mother to go into labour during Tiny Dancer

What’s with the weather? It’s like four seasons in one day

premium_icon What’s with the weather? It’s like four seasons in one day

UMBRELLAS, sunblock, scarfs and raincoats all need to be handy as the Bureau of...