Glencore offers to buy rest of PolyMet for US$71M
Mining and commodities giant Glencore (LSE: GLEN) has offered PolyMet Mining (TSX: POM; NYSE: PLM) to buy the company’s shares it does not already own for US$2.11 in cash each,…
cobalt
Glencore grabs 10% of Stillwater Critical Minerals
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) has welcomed Glencore Canada as a major investor to help advance its portfolio of nickel exploration and development projects in North America. Under…
Ero Copper expands into nickel at Caraíba in Brazil, plans to double copper output
Brazil-focused Ero Copper (TSX: ERO; NYSE: ERO) is reporting new drill results for nickel targets at Caraíba as it advances the Tucumã project to double the company’s copper output by…
Nickel Creek boosts metal estimate by nearly a third to 2.5 billion pounds at Yukon project
Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) says a new resource estimate increases metal by almost a third at its Nickel Shaw project in southwest Yukon. Contained nickel in the measured…
Renewable energy capacity to hit record growth in 2023 – IEA
Renewable power capacity will grow by a record number this year as more robust government policies around fossil fuels and energy security concerns drive more clean energy deployment, the International…
Deep-sea mining may affect thousands of new species found in hotspot
Scientists have identified more than 5,500 entirely new species in the CCZ of the Pacific Ocean, an area targeted by deep sea miners.
Indonesia emerges as a cobalt powerhouse amid surge in demand
Demand for cobalt is set to more than double by 2030 to 388,000 tonnes as the electric vehicle (EV) sector shifts into overdrive, says a new Benchmark Mineral Intelligence report….
Glencore, Canada’s Li-Cycle to build Europe’s largest battery recycling plant
Mining and commodities giant Glencore (LSE: GLEN) has joined forces with Canada’s Li-Cycle Holdings (NYSE: LICY) to build a battery recycling plant in Italy, set to become Europe’s largest facility…
Nevada regains top spot as most attractive mining jurisdiction
The state of Nevada is once again the world’s top-ranked jurisdiction for mining and exploration after yielded the spot last year to Western Australia, the Fraser Institute’s 2022 annual survey of…
Sumitomo Metals backs Teck’s split plan
Japan’s Sumitomo Metal Mining confirmed on Thursday its support for Teck Resources’ (TSX: TECK.A/TECK.B; NYSE: TECK) planned spinoff into two companies in the face of an alternative proposal from Glencore…
Billionaire Robert Friedland urges Canada to protect Teck from ‘foreign predators’
He warned Canada should not take lightly Glencore’s attempted takeover of Teck, which has a track record of supporting local juniors.
The latest on the Teck saga: Top shareholder backs Glencore takeover
Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) top shareholder, China Investment Corp (CIC), said on Friday it plans to back Glencore‘s (LSE: GLEN) proposed takeover of Canada’s largest diversified miner….