April 13, 2023

Barrick sees lower gold output, higher costs in Q1

Barrick's gold output has been on a steady decline, falling for at least three consecutive years.

April 13, 2023

Teck rejects Glencore’s sweetened bid, pushes for own restructuring

Glencore has offered Teck's shareholders 24% of the combined metals group and up to $8.2 billion in cash for those who may not want exposure to thermal coal.

April 12, 2023

BHP wins vote to buy Oz Minerals in $6.4bn deal

The deal has also cleared competition regulators in Vietnam and Brazil.

April 12, 2023

Teck shareholders call for Glencore to boost takeover bid

Glencore Chief Executive Gary Nagle is flying to Toronto to meet with some Teck shareholders on Thursday to personally lobby them to support the deal.

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.