April 11, 2023

CHARTS: Mining’s top 50 companies top $1.4 trillion value amid M&A fever 

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.

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 9, 2023

Mexico’s executive scrutinizes mining concessions in protected areas

A recent federal government report shows that about 7% of Mexico’s mining concessions are located within protected areas.

April 8, 2023

Teck mining magnate stands between Glencore and mega deal

The Keevil family’s control of Teck through voting shares has long insulated the company from takeovers.

April 6, 2023

Teck Resources, Agnico Eagle close San Nicolás copper JV in Mexico

Agnico Eagle, through a Mexican subsidiary, will take a 50% stake in Minas de San Nicolás for $580 million.

April 6, 2023

Osisko Metals, Appian complete JV to advance Pine Point zinc project

Appian plans to invest up to C$100 million over an estimated four-year period to acquire a 60% interest in Pine Point in the Northwest Territories.

April 3, 2023

Mitsui Mining expects H1 zinc output falling 4.7% y/y

Mitsui Mining and Smelting Co Ltd plans to produce 107,000 tonnes of refined zinc in the first half of the 2023/24 financial year.

March 30, 2023

CHART: Demand is soaring, but global mining is not expanding 

Mining companies have to run just to stand still, but expansion capex in the global mining sector as a percentage of profits has halved in a decade.

March 30, 2023

Nexa Resources resumes operations at Cerro Lindo zinc mine in Peru

Nexa had halted operations at the zinc mine due to unusually heavy rainfall and overflowing rivers from Cyclone Yaku.

March 30, 2023

Antamina mine life extension cost hiked to $2bn, CEO says

Prolonging the productive life of Peru's largest copper mine will cost $4 billion more than planned.