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.

November 14, 2023

Lynas withdraws court request to review Malaysia licence conditions

The government had previously barred Lynas from importing and processing lanthanide concentrate from January 2024.

November 14, 2023

China’s booming copper output leaves less space for Codelco

Codelco is shipping less of the metal to China after a burst of new domestic capacity in the Asian nation.

November 14, 2023

Pakistan drawing Saudi interest in mine stakes, adviser says

Saudi Arabia has shown interest in acquiring government stakes in Pakistan's Reko Diq mine.

November 14, 2023

Indonesia, Freeport to finalize investment, mining permit by month-end

Indonesia and Freeport discussed a 10% increase in the country's ownership in copper miner Freeport Indonesia.

November 14, 2023

Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.

November 14, 2023

Glencore ready to spin-off coal unit after sealing Teck buy

Glencore will merge Teck’s steelmaking coal business with its own coal assets before spinning off the combined unit.