July 12, 2024

Rio Tinto mulls potential bid for Teck — report

Rio Tinto has held talks with bankers, but is not immediately planning to launch a bid for the Canadian miner, Sky News reported.

July 11, 2024

One miner dead after tremor in Poland, one still missing

PGG said a tremor occurred below ground at the Rydultowy coal mine.

July 11, 2024

China pauses new coal-based steelmaking for first time in years

Greening the steel industry, China’s second largest source of carbon emissions at 15%, is a vital part of the country’s plan to become carbon neutral by 2060.

July 10, 2024

Mining vs AI: What’s wrong with this picture?

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks. 

July 9, 2024

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

July 9, 2024

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

July 6, 2024

Canada puts its big miners off limits just as M&A is heating up

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.

July 5, 2024

Teck jumps on buyback, debt plan after coal sale to Glencore

The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.

July 5, 2024

Australian coal stocks rally on Anglo American mine explosion

Australian coal stocks are headed for their best week in years.

July 4, 2024

Canada approves Glencore takeover of Teck coal unit, with conditions

The government is planning to approve the deal as soon as Thursday, Globe and Mail said.