Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
Teck Resources
Treasury Metals to buy Giustra-backed Blackwolf Copper and Gold
Treasury Metals (TSX: TML; US-OTC: TSRMF) is bolstering its balance sheet and management with a deal to acquire Alaska-focused Blackwolf Copper and Gold (TSXV: BWCG; US-OTC: BWCGF) and its development-stage…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Teck copper output shoots up on QB mine, profit disappoints
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) saw its copper production jump by 74% in the first three months of the year, due mainly to the ramp up of the…
AbraSilver gets $20M investment from Kinross, Argentina power provider
AbraSilver Resource (TSXV: ABRA; US-OTC: ABBRF) said on Monday it has received investments from both Kinross Gold (TSX: K; NYSE: KGC) and Central Puerto, Argentina’s leading electricity provider, to fund…
Former Teck CEO Don Lindsay joins BHP board
Don Lindsay will join the BHP board as a non-executive director on May 1.
Teck’s Elk Valley cleanup could cost $4.7B, says environmental group
A report found that the amount set aside by Teck is inadequate to mitigate selenium contamination.
BMC’s project in Yukon can proceed after talks help address Indigenous doubts, governments say
A government body’s decision re-opens a path to permitting for BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon, following consultations between governments and Indigenous authorities. The…
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…
JV Article: MSALABS probes global expansion after Swedish mega-find
When Swedish state-owned miner LKAB discovered the world’s largest rare earth metal deposit in 2022, MSALABS was there to give its stamp of approval. But at first technicians were astounded…
Video: Fireweed Metals prepares Macmillan Pass resource update
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) is planning a resource update by June on its Macmillan Pass zinc-lead-silver project in the Yukon, chief geologist Jack Milton says. The company, backed the Lundin family and Teck…
Bank of Montreal axes homophobic mining bankers
The Bank of Montreal fired four of its mining investment bankers last week because of verbal attacks on a colleague, The Globe and Mail reported on Thursday. The bank conducted…