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.


MOST WANTED: 8 people police need to speak with urgently

premium_icon MOST WANTED: 8 people police need to speak with urgently

POLICE are looking to speak with eight people they believe can assist them with...

Baby among 13 new NSW virus cases

premium_icon Baby among 13 new NSW virus cases

New rules now “strongly recommend” mask wearing in crowded areas

Do you need a fire permit in your area?

Do you need a fire permit in your area?

NSW RFS said the bush fire season has started early in some regions and urged...