April 27, 2023

Glencore says takeover bid for Teck stands after spinoff fails

Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.

April 26, 2023

Glencore-led revolt kills Teck plan, keeping takeover goal alive

The Canadian miner withdrew a plan to split itself in half just hours before a high-stakes vote.

April 26, 2023

Teck takes restructuring plan off the table ahead of vote

Teck said it will pursue instead "a simpler and more direct separation" proposal to best unlock the full value for its shareholders.

April 25, 2023

Teck spinoff backed by Canada pension after website error fixed

Canada Pension Plan Investment Board says it will vote for Teck’s plan to split the mining company after a “technical error” last week caused it to state the opposite.

April 25, 2023

Anglo American’s copper output up 28% in first quarter

Production hit 178,100 tonnes of copper in Q1 mainly due to the ramp-up of its newly opened Quellaveco copper mine in Peru.

April 24, 2023

Teck scrambles to secure split vote, with outcome uncertain, CIC missing in action and back-office issues causing frustration: source

Glencore declined to comment on whether it has met yet with CIC.

April 24, 2023

Teck Resources should remain in Canada, says Finance Minister Freeland

"We need companies like Teck here in Canada, companies with a strong commitment to Canada," Freeland wrote in a letter to the Greater Vancouver Board of Trade.

April 23, 2023

Glencore CEO’s first big move: chasing mining’s toughest prize

The bitter Teck-Glencore brawl is headed for a potential climax this week.

April 23, 2023

Seven dead after coal mine collapse in Colombia

A coal mine collapsed last Thursday near the town of Cucunubá.

April 23, 2023

Blackbeard didn’t trade with coal, recent discoveries show

The US Navy is to blame for some coal found on one of Blackbeard’s ships.