Ring of Fire Metals, Mincor to fly under Wyloo banner
Ring of Fire Metals, Wyloo Metals, and Mincor Resources (ASX: MCR) are unifying under the brand name “Wyloo” as the company becomes the largest pure-play nickel producer outside of Russia….
Glencore
Gates, Bezos-backed KoBold Metals bids to build copper mine in Zambia within 10 years
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday that it aims to open a new copper-cobalt mine in Zambia within 10…
Lifezone reports strong results at Kabanga nickel project ahead of feasibility
Recently listed Lifezone Metals (NYSE: LZM), which is 17% held by mega-miner BHP (NYSE: BHP; LSE: BHP; ASX: BHP), has reported high-grade results from its completed infill drilling program at…
Upcoming elections in near-bankrupt Argentina could finally unlock the country’s huge mineral projects
Food, energy and now minerals. In a world where competition for raw materials is only increasing, Argentina is blessed with an abundance of natural resources. But the country’s nationalist politics…
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…
Glencore bids for Teck Resources coal unit
Glencore (LSE: GLEN) confirmed on Monday it had approached Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) with a proposal to buy the Canadian miner’s steelmaking coal business, in the latest…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…
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.
American Eagle shares soar on Teck investment updraft
American Eagle Gold (TSX: AE; US-OTC: AMEGF) shares jumped nearly 50% on Monday on news that Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) is buying a 15% stake in the British…
Generation Mining in US$400M debt deal to advance Marathon project
Generation Mining (TSX: GENM; OTC: GENMF) has arranged a senior finance facility of up to $540 million (US$400 million) for its 100%-owned Marathon palladium-copper project in northern Ontario. A syndicate…
Glencore says takeover bid for Teck stands after spinoff fails
Glencore (LSE: GLEN) is far from giving up on its plan to take over Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) as it confirmed on Thursday its bid for Canada’s largest…
Teck separation increasingly in question
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….