Billionaire Robert Friedland urges Canada to protect Teck from ‘foreign predators’
He warned Canada should not take lightly Glencore’s attempted takeover of Teck, which has a track record of supporting local juniors.
Zinc and Lead
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…
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…
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)…
Osisko Metals, Appian complete JV to advance Pine Point
Osisko Metals (TSXV: OM; US-OTC: OMZNF) and Appian Natural Resources Fund III LP have closed a previously announced joint venture transaction to advance the Pine Point zinc-lead project in the…
Nexa Resources resumes operations at Cerro Lindo zinc mine in Peru
Nexa Resources (NYSE: NEXA) has resumed operations at its Cerro Lindo zinc-copper mine in Peru after being suspended for almost two weeks due to unusually heavy rains that flooded several lower…
‘There will be no Ring of Fire’ chant First Nation leaders in Ontario legislature
Two ranking leaders of an Ontario First Nation were forced to leave the provincial legislature Wednesday after rowdily accusing the Doug Ford government of failing to consult them about mining…
Sibanye-Stillwater to hand US$20M to New Century
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) said Thursday that it will provide up to $A30 million (about US$20 million) to its takeover target Australia’s New Century Resources (ASX:…
Southern Silver expands resource at Cerro Las Minitas in Mexico
Southern Silver Exploration (TSXV: SSV) has posted a slight resource increase at its Cerro Las Minitas project in Mexico that sent its shares up 9.4%. The overall resource at the…
Peru exploration in 2023 focused on copper, gold and zinc
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of…
Nexa expands zinc resource, mine life of Aripuanã in Brazil
South America-focused Nexa Resources (NYSE: NEXA) expanded the resource at its Aripuanã zinc and copper mine in Mato Grosso state, Brazil by enough to extend the operation’s life by three…