Teck Resources‘ (TSX: TECK.A/TECK.B; NYSE: TECK) board has unanimously rejected the latest cash-sweetened bid Glencore (LSE: GLEN) lodged on Tuesday, resolving instead to hasten its exit from the coal business….
Glencore (LSE: GLEN) is stepping up efforts to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) by adding a US$8.2-billion cash component to its original US$23-billion bid for Canada’s largest…
Egerton Capital UK, one of Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) top investors, has committed to support the Canadian miner’s intention to separate its base metals and coal businesses and…
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) urged investors on Monday to support its plan for splitting into two companies at a vote later this month, adding that Glencore’s (LSE: GLEN)…
Over the Good Friday-shortened Apr. 3-6 trading week, the S&P/TSX Composite Index inched up 96.8 points or 0.5% to 20,196.69. The S&P/TSX Global Mining Index added 0.41 points or 0.4%…
The United States has set aside US$450 million to advance clean energy projects on current and former mine sites, with special attention to those that can provide new economic opportunities…
Canada’s Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), the country’s largest diversified miner, has rejected an unsolicited acquisition proposal from Swiss commodity trader and mining company Glencore (LSE: GLEN). The…
Canadian Mining Journal Editor-in-Chief Tamer Elbokl spoke with economist, founder of the publication Critical Metals for a Sustainable World, and former vice-president with Scotiabank, Patricia Mohr at PDAC 2023 in…
Politicians everywhere have a tendency to make decisions based on short-term outcomes that might become catastrophic in the long term. There are few better examples of this than legislation in…
A new report by market analyst Wood Mackenzie argues that steel, aluminum, and copper stand to benefit most from an uptick in China’s gross domestic product growth this year. WoodMac…
The Dow Jones Industrial Average fell 873.83 points or 2.6% to 32,816.92 during the Feb. 21-24 trading period after the U.S. Commerce Department reported higher-than-expected inflation for January of 6.4%…
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, announced major changes on Tuesday, switching its name to Teck Metals Corp. and spinning off its multibillion-dollar steelmaking coal unit…
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