Glencore says takeover bid for Teck stands after spinoff fails
Glencore (LSE: GLEN) is far from giving up on its plan to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) as it confirmed on Thursday its bid for Canada’s largest…
Copper
SPC Nickel drills historic Sudbury project en route to late 2023 resource
SPC Nickel (TSXV: SPC) has announced new assay results from drilling at its West Graham project, located in the nickel-copper mining district of Sudbury, Ont. West Graham is made up…
Teck takes restructuring plan off the table ahead of vote
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has decided to withdraw its plan to split up the company into two — a base metals and a coal…
BMC Minerals’ Kudz Ze Kayah polymetallic project in Yukon hangs on judge’s ruling
BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon has hit a roadblock on its permitting path amid a legal dispute with the Kaska Nation. The Vancouver-based BMC,…
First Quantum’s issues in Panama hit earnings, production
First Quantum Minerals’ (TSX: FM) earnings in the first quarter of the year fell by more than 80% to US$75 million from the US$385 million recorded in the same period…
Canada can’t build great mining companies fast enough to meet demand
Mining runs on M&A — one of the only constants in a business that’s full of uncertainty. Still, it’s been painful to watch so many home-grown metals and mining companies…
Collective Mining shares rise on new high-grade find at Apollo in Colombia
Collective Mining (TSXV: CNL; US-OTC: CNLMF) says it’s found another high-grade zone at the Guayabales gold-silver-copper project in Colombia. The company’s shares rose more than 8%. The discovery in…
Anglo American’s copper output up 28% in first quarter
Anglo American (LSE: AAL) said on Tuesday that copper production jumped by 28% in the first three months of the year to 178,100 tonnes, thanks mainly to the ramp-up of its…
U.S. markets decline Apr. 17-21 as recession concerns beat earnings
U.S. markets fell slightly as investors weighed strong corporate earnings and declining inflation against the fall of the index of leading economic indicators to its lowest point in more than…
TSX slips over Apr. 17-21 trading week
The S&P/TSX Composite Index rose 113.09 points or 0.6% over the Apr. 17-21 trading week to 20,693.15. The S&P/TSX Global Mining Index declined 4.03 points or 3.4% to 113.15, and…
TSX Venture index falls nearly 4% during Apr. 17-21 trading week
The S&P/TSX Venture Composite Index fell 23.68 points or 3.7% over the Apr. 17-21 trading period to close at 614.2. Sigma Lithium fell the most by value, dropping $5.37 apiece…
Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.