April 30, 2023

Three-quarters of small earthquakes in South Korea related to mining explosions – study

Out of 182,000 small seismic events that took place in seven years in South Korea, 135,000 were related to mining explosions.

April 28, 2023

Glencore deal for Teck would face stringent review, Trudeau says

Trudeau promised that, if the government is asked to approve a deal, it will be consistent in applying Canada’s takeover rules “so investors can know what they’re getting into.”

April 27, 2023

Robots help ‘smart mines’ drive China’s coal build-out

China invested $79 billion in coal production last year, according to the IEA, while the rest of the world combined spent $37 billion.

April 27, 2023

Canadian Conservatives want Glencore takeover of Teck blocked

Thousands of jobs would be at risk, Conservative Leader Pierre Poilievre said in a statement.

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.