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

Germany draws up €2 billion state fund to secure key commodities

The new financing vehicle could start next year if the ruling coalition agrees on the funding.

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 21, 2023

Lundin Mining CEO eyes Chile exploration, growth after big M&A bet

The company is setting targets for its new Caserones mine and waiting to expand its existing Candelaria mine.

April 21, 2023

Glencore copper output dips, expects strong trading profit

Miner reported lower copper, zinc and nickel production in the first quarter.

April 21, 2023

Mexico’s lawmakers approve overhaul of mining industry

The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations.

April 21, 2023

Freeport-McMoRan’s profit more than halves on lower production

In February, the company was forced to stop operations at Grasberg after the mine was hit by floods.