April 11, 2023

Glencore sweetens offer for Teck with $8.2bn cash incentive

Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil.

April 11, 2023

Copper-based solution captures CO2, stores it in the ocean

An engineering researcher at Lehigh University has developed a novel way to capture carbon dioxide from the air.

April 11, 2023

One of Teck Resources’ top investors backs separation plan

Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote.

April 10, 2023

OZ Minerals gets Vietnam’s nod for its $6.4bn buyout by BHP

The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court.

April 10, 2023

Newmont plumps final bid for Newcrest to $19.5bn

Newmont has raised its buyout offer by 16% to A$32 billion.

April 10, 2023

Codelco renews clean energy contract with Canada’s Innergex

Innergex owns 55% of Pampa Elvira Solar, which generates heat through solar thermal collectors to recover dissolved copper.

April 10, 2023

Peru will mine more copper in 2023, lithium permits pending

Peru expects to produce 2.8 million tonnes of copper in 2023, versus 2.44 million tonnes last year.

April 10, 2023

Chile copper shipments rebound in boost to tight global supplies

Revenue from copper exports out of the top-producing nation surged 33% from the previous month.

April 10, 2023

PolyMet completes $195 million rights offering, with Glencore upping stake

The proceeds will be used to fund the company's portion of the NewRange JV with Teck.

April 10, 2023

Copper price down, pressured by stronger dollar

US jobs data underscored a tight labour market, firming up expectations that the Fed will raise interest rates again.