BN Edge | Orion CEO Tony Lennox: Glencore cash, Prieska, BHP, SA mining myths, takeovers artwork
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BN Edge | Orion CEO Tony Lennox: Glencore cash, Prieska, BHP, SA mining myths, takeovers

Oct 19, 2026 · 20:23

The Prieska copper-zinc mine had stood idle for 35 years, its lower workings filling with water. After eight months of negotiation spanning South Africa, Australia, Switzerland and Canada, the first US$40m of Glencore's US$250m package finally became unconditional, with money due to flow from the end of October. Orion Minerals chief executive Tony Lennox told Alec Hogg what that first cheque unloc…