November 15, 2023

Australia’s Galan signs lithium supply deal with Glencore

Glencore has also offered to provide a financing prepayment facility between $70 million and $100 million.

November 15, 2023

Canada’s Lassonde ‘mystified’ by Teck choice of Glencore bid for coal unit

Pierre Lassonde said his consortium's offer was credible and comparable to what Teck's board accepted from Glencore.

November 15, 2023

Billionaire lithium crashers hamper Australian deals, miners say

The country’s lithium industry has seen a frenzy of deals this year.

November 15, 2023

Codelco cuts cocktail party, tables in key Asia copper event amid restructuring

Codelco chairman has said the company is reassessing the costs of upgrades to the life of its mines.

November 15, 2023

Rio Tinto fires former head of aluminum division on info breach

Ivan Vella, who has spent two decades at the mining giant, was already due to leave the company in December.

November 15, 2023

Antofagasta’s 2024 payment offer for copper processing below $75

Falling TC/RCs are due to expectations of tight concentrate supplies and new processing capacity.

November 15, 2023

Canada likely to approve Glencore-Teck deal despite foreign investment scrutiny

Canada has tightened in recent years its Investment Canada Act, the main tool used to review inbound deals to ensure transactions are not harmful to national security.

November 14, 2023

Canada to ‘carefully’ review Glencore deal for Teck’s coal

Teck needs approval from 11 jurisdictions — including countries where it ships coal — to complete the sale of the business.

November 14, 2023

Column: Panama copper drama another ESG flash-point for miners

How First Quantum’s $10 billion copper mine went from promised economic boom to cause of mass popular unrest is a story peculiar to Panama but one that has a moral…

November 14, 2023

Barrick’s Bulyanhulu gold mine using Gekko’s IRL to boost efficiency

The introduction of the ILR to this location is a significant development, building upon the success of its implementation at various other mines operated by Barrick.