Trudeau team ‘closely’ watching Glencore’s bid to swallow Teck
Canada’s investment law gives the government some latitude to block foreign takeovers of large companies, though the power has not been used frequently.
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Lundin copper assets would be appealing to big miners, CEO says
Lundin has been approached by both major miners and trading houses to discuss possible investments in the Josemaria project in Argentina.
Mining veteran Mick Davis raises $590 million for metals fund
So far, he has bought into five companies, including silicon and tin producers.
China’s Yunnan Tin says Myanmar mining halt could hit global supply
Myanmar’s ethnic minority Wa militia will suspend all work at mines in areas it controls from August.
Teck CEO sees split plan as ‘most strategic’ option for shareholders
Shareholders plan to vote on the split later this month, even as Glencore is pursuing a $22.5 billion bid of its own to buy Teck.
Supply-chain problems in the forecast as battery metals demand surges – study
Under a scenario where 40% of vehicles are electric by 2050, the need for lithium globally will increase by 2,909% from the 2020 level.
B2Gold begins phased closure of Namibia mine
It will gradually reduce Otjikoto's open pit production until 2031, when it will cease operations completely.
Billionaire Robert Friedland comes out in defence of Teck
He warned Canada should not take lightly Glencore's attempted takeover of Teck, which has a track record of supporting local juniors.
Is the US hostage to China for the critical materials needed for EVs?
At this time, yes.
