Teck attracts bids from Vale, Anglo American and Freeport
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is said to have been approached by Vale (NYSE: VALE), Anglo American (LSE: AAL) and Freeport-McMoRan (NYSE: FCX) on potential deals for the…
Articles by Cecilia Jamasmie
Discussions on Mexico’s mining law overhaul to begin today
Discussions related to the proposed overhaul of Mexico’s mining laws are set to begin today at the parliament’s lower chamber. The Environment and Natural Resources Commission is expected to submit…
The latest on the Teck saga: Top shareholder backs Glencore takeover
Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) top shareholder, China Investment Corp (CIC), said on Friday it plans to back Glencore‘s (LSE: GLEN) proposed takeover of Canada’s largest diversified miner….
Four killed in accident at Sibanye-Stillwater gold project in South Africa
Shares in Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) were down 3.5% during pre-market in New York on Friday after reporting four deaths at its Burnstone gold project in South Africa following…
Asteroid mining startup AstroForge readies first mission
AstroForge, a startup with plans to mine asteroids, is getting ready to launch the first of its two missions on Friday, which main objective is to test the firm’s technique…
Sabina’s shareholders back takeover by B2Gold
Sabina Gold & Silver’s (TSX: SBB; US-OTC: SGSVF) shareholders have approved an almost $1.2-billion takeover offer by fellow Canadian miner B2Gold (TSX: BTO; NYSE: BTG), which is expected to boost…
First Mining finds growth potential at Springpole gold project
Canada’s First Mining Gold (TSX: FF) said on Wednesday it had identified additional mineralization at its Springpole gold project in northwestern Ontario thanks to its 2022 drilling program. The gold exploration and…
Botswana threatens break-up with De Beers in push for better deal
Botswana may not renew a five-decade sales agreement with De Beers if the diamond producer doesn’t offer a larger share of rough diamonds to the state’s gem trading company, Okavango…
Glencore sweetens offer for Teck with US$8.2B cash incentive
Glencore (LSE: GLEN) is stepping up efforts to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) by adding a US$8.2-billion cash component to its original US$23-billion bid for Canada’s largest…
Glencore to open lithium batteries recycling plant in Spain and Portugal
Swiss miner and commodities trader Glencore (LSE: GLEN) is joining forces with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer lithium-ion battery recycling services in Spain…
One of Teck Resources’ top investors backs separation plan
Egerton Capital UK, one of Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) top investors, has committed to support the Canadian miner’s intention to separate its base metals and coal businesses and…
Teck Resources calls Glencore bid a ‘non-starter’ in restructuring push
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) urged investors on Monday to support its plan for splitting into two companies at a vote later this month, adding that Glencore’s (LSE: GLEN)…