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

Grupo Mexico’s earnings beat forecasts, fueled by freight

Grupo Mexico is one of the world's largest copper miners.

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 26, 2023

Teck Resources’ profit misses estimates as Glencore circles

Teck narrowly missed first-quarter estimates on lower prices, weak copper and zinc sales and higher expenses.

April 26, 2023

First Quantum’s issues in Panama hit earnings, production

Results were also affected by a severe rainy season in Zambia, home to its Sentinel and Kansanshi copper mines.

April 25, 2023

Peru mining sector sees copper JVs as way to unlock new projects

Projects like Southern Copper’s Michiquillay, Newmont’s Conga and Galeno, owned by a subsidiary of China Minmetals Corp., could be unlocked with a joint venture or common infrastructure.

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.