TNM Drill Down: Serbia produces best gold assay of Apr. 6-13
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…
Europe
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…
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….
Teck separation increasingly in question
Teck Resources‘ (TSX: TECK.A/TECK.B; NYSE: TECK) board has unanimously rejected the latest cash-sweetened bid Glencore (LSE: GLEN) lodged on Tuesday, resolving instead to hasten its exit from the coal business….
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 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…
What the EU’s Critical Raw Materials Act means to miners
The EU published its proposed Critical Raw Materials Act (CRMA) on Mar. 16, with the ambitious goal of “establishing a framework for ensuring a secure and sustainable supply of critical…
De Beers finds diamond within a diamond, names it the ‘Beating Heart’
De Beers, the largest diamond producer by value, has unveiled a unique piece it named the “Beating Heart”— a 0.33-carat rough specimen that consists of a diamond within another diamond….
Eldorado secures 80% of Skouries gold-copper project funding
Canada’s Eldorado Gold (TSX: ELD, NYSE: EGO) said on Wednesday it had secured previously announced €680 million (about $999 million) in financing facility for the development of its long-delayed Skouries…
Teck rejects US$23B takeover bid from Glencore
Canada’s Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), the country’s largest diversified miner, has rejected an unsolicited acquisition proposal from Swiss commodity trader and mining company Glencore (LSE: GLEN). The…
Dundee Precious extends Chelopech mine life to 2031
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased the mine life by two years to 2031. While the overall reserve base…
Palladium One surges as Glencore invests in critical minerals explorer
Global miner and commodity trader Glencore’s (LSE: GLEN) 10% investment in Palladium One Mining (TSXV: PDM; US-OTC: NKORF), which is developing nickel-copper projects in Ontario and Finland, has boosted the…