July 9, 2024

Codelco eyes 10% stake in Teck’s Quebrada Blanca copper mine

Codelco values the interest in Quebrada Blanca, currently held by Chilean state mining firm Enami, at about $500 million.

July 9, 2024

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

July 8, 2024

Canada’s move to limit mining M&A hurts big metals producers, Scotia says

The new directive suggests that companies including Cameco, Teck Resources, Ivanhoe Mines and Lundin Mining are now off-limits.

July 8, 2024

Chilean Cobalt enters offtake deal, partnership with Glencore

Chilean Cobalt will supply Glencore with 100% of the cobalt and copper production from La Cobaltera for an initial period of five years.

July 8, 2024

Zijin Mining expects first-half profit leap on higher gold and copper output

First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said.

July 7, 2024

RANKED: World’s top 10 gold mining companies

Newmont remains the top gold producer with 5.5 million oz. across its global operations, which span four continents.

July 6, 2024

Canada puts its big miners off limits just as M&A is heating up

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.

July 5, 2024

Vedanta says it has arranged $250 million to settle Zambian copper mine debts

Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM.

July 5, 2024

Teck jumps on buyback, debt plan after coal sale to Glencore

The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.

July 5, 2024

MMG halts zinc concentrate output at Dugald River mine

The company has halted operations at a mill at its zinc mine in Australia for about two months of repair work.