April 12, 2023 Glencore tweaked $23 billion Teck bid after investors balked at coal Glencore presented a revised plan, giving Teck shareholders the option to receive up to $8.2 billion in cash instead of shares in the spun off coal company.
April 12, 2023 Rio Tinto starts construction to expand capacity at Quebec aluminum smelter The $178 million investment will allow more of Rio's aluminium production to be used to make billets from renewable hydroelectric power.
April 12, 2023 Glencore adds Russian aluminum to LME system Higher stocks of Russian aluminum on the LME are a concern as they could weigh on benchmark prices.
April 12, 2023 Severe Australian cyclone set to dump rain on big gold mine Newcrest’s Telfer gold mine is expected to get a deluge of heavy rain later this week.
April 12, 2023 Hurdles loom for Newmont’s $19.6 billion bid for Newcrest Macquarie analysts upgraded their Newcrest share price target by 18% on the back of the sweetened Newmont offer.
April 11, 2023 Newmont, Glencore bids crack into metal industry’s top takeovers Both deals — if completed — would rank among the top 10 biggest takeovers of metals producers.
April 11, 2023 CHARTS: Mining’s top 50 companies top $1.4 trillion value amid M&A fever World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.
April 11, 2023 Western Copper confirms $1.7 million investment by Rio Tinto to maintain stake The investment allows Rio to maintain its approximate 7.84% interest.
April 11, 2023 Kazatomprom sees clients switching from Russia Some nuclear plants in Europe, which previously sourced uranium from Russia, are seeking contracts from 2025, Kazatomprom CEO said.
April 11, 2023 Glencore sweetens offer for Teck with $8.2bn cash incentive Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
