Newmont makes ‘best and final’ bid for Newcrest
The world’s largest gold producer Newmont (NYSE: NEM; TSX: NGT) has upped its bid for Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) to US$21.2 billion from the original implied value…
Canada
General Motors to invest US$50M in lithium startup EnergyX
General Motors’ venture capital arm will lead a US$50 million financing round for EnergyX, which is developing a more efficient method to extract lithium from salt beds. According to company…
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…
TNM Drill Down: Osisko Mining leads week’s gold assays at Windfall project in Quebec
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company…
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)…
TSX drifts higher over holiday-shortened Apr. 3-6 trading week
Over the Good Friday-shortened Apr. 3-6 trading week, the S&P/TSX Composite Index inched up 96.8 points or 0.5% to 20,196.69. The S&P/TSX Global Mining Index added 0.41 points or 0.4%…
TSXV dips during Apr. 3-6 trading week
The S&P/TSX Venture Composite Index retreated by 8.33 points or 1.3% over the Apr. 3-6 trading session to end at 625.85. The TSXV’s top value gainer this week was NGEx…
Mixed fortunes for the American indexes during Apr. 3-6 trading week
The Dow Jones Industrial Average gained 211.1 points or 0.6% to 33,485.29 and the S&P 500 fell 4.29 points or 0.1% over the week to 44,105.02. Franco-Nevada was the top…
Endeavour Silver reports 18% production boost in Q1
Precious metals miner Endeavour Silver (TSX: EDR; NYSE: EXK) has released first quarter production results showing an 18% increase in silver equivalent output compared to the same period last year….
Stuart ‘Tookie’ Angus remembered as a ‘rainmaker,’ mentor, and ‘brilliant’ lawyer
The Howe Street investment community is grieving the loss of industry veteran Stuart ‘Tookie’ Angus. Angus, who leaves a deep mark after a 50-year career in the industry, peacefully passed…
Battery Metals Snapshot: Eight juniors on the hunt
Without adequate supplies of battery metals, the goal of net-zero carbon emissions by 2050 cannot be reached. Here are eight companies who are on the hunt for the metals in…