April 10, 2023

PolyMet completes $195 million rights offering, with Glencore upping stake

The proceeds will be used to fund the company's portion of the NewRange JV with Teck.

April 10, 2023

Teck Resources calls Glencore bid a “non-starter”

Chief executive Jonathan Price warns that Glencore's proposed takeover would destroy value for the company’s shareholders.

April 8, 2023

Canadian entrepreneur Lassonde plans to buy blocking stake in Teck’s Elk Valley

Pierre Lassonde's comments came after Teck rejected an unsolicited takeover offer of $22.5 billion from Glencore.

April 8, 2023

Teck mining magnate stands between Glencore and mega deal

The Keevil family’s control of Teck through voting shares has long insulated the company from takeovers.

April 6, 2023

Teck Resources, Agnico Eagle close San Nicolás copper JV in Mexico

Agnico Eagle, through a Mexican subsidiary, will take a 50% stake in Minas de San Nicolás for $580 million.

April 6, 2023

Anglo American to build green hydrogen hub in central Chile

The project, focused on innovation and new technologies, would involve building facilities around Santiago and the Valparaiso coastal region.

April 6, 2023

Germany’s Stolberg lead smelter reopens after sale to Trafigura

The Stolberg plant largely supplies European battery producers with lead.

April 6, 2023

De Beers finds diamond within a diamond, names it the “Beating Heart”

The 0.33-carat rough diamond has an internal cavity enclosing a smaller loose diamond, which moves around within the space.

April 6, 2023

Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward

They have agreed with Papua New Guinea on the terms of a contract to start developing their joint copper and gold project.

April 5, 2023

Amazon looks to grow diamonds in bid to boost computer networks

Amazon and De Beers are betting that custom-made gems could could help revolutionize computer networks.