JPMorgan makes deep cuts to metals business after nickel crisis The bank has cut numerous base metals clients in Asia, with particularly deep cuts among privately owned Chinese companies. Bloomberg News | April 13, 2023 | 7:41 am
Hudbay Minerals to buy Copper Mountain Mining in $439m deal The deal is the latest in a wave of buyout offers across the mining sector, as companies look to expand their copper footprint. Reuters | April 13, 2023 | 7:36 am
Barrick sees lower gold output, higher costs in Q1 Barrick's gold output has been on a steady decline, falling for at least three consecutive years. Reuters | April 13, 2023 | 7:33 am
Teck rejects Glencore’s sweetened bid, pushes for own restructuring Glencore has offered Teck's shareholders 24% of the combined metals group and up to $8.2 billion in cash for those who may not want exposure to thermal coal. Reuters | April 13, 2023 | 7:03 am
Asteroid mining startup AstroForge readies first mission The California-based company will test its technique for refining platinum from a sample of asteroid-like material, while in orbit. Cecilia Jamasmie | April 13, 2023 | 5:49 am
Rare zircon samples give new clues on earth’s ancient dwellers Old and rare examples of zircon with graphite inclusions tell the story of ancient life on earth. Staff Writer | April 13, 2023 | 5:11 am
Sabina shareholders back takeover by B2Gold It allows B2Gold to tap into the Back River Gold District, which contains some of the world’s highest-grade undeveloped gold projects. Cecilia Jamasmie | April 13, 2023 | 3:46 am
BHP wins vote to buy Oz Minerals in $6.4bn deal The deal has also cleared competition regulators in Vietnam and Brazil. Reuters | April 12, 2023 | 5:27 pm
Teck shareholders call for Glencore to boost takeover bid Glencore Chief Executive Gary Nagle is flying to Toronto to meet with some Teck shareholders on Thursday to personally lobby them to support the deal. Reuters | April 12, 2023 | 5:06 pm