BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Glencore
Teck copper output shoots up on QB mine, profit disappoints
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) saw its copper production jump by 74% in the first three months of the year, due mainly to the ramp up of the…
Update lifts mine life for Metals Acquisition’s CSA copper project to 11 years
A resource update for Metals Acquisition‘s (NYSE: MTAL; ASX: MAC) CSA copper mine in Australia raises the total contained red metal by 42% and the mine life to 11 years…
Glencore tussles with farmers in Australian court over carbon storage plan
Australian farmers are taking mining giant Glencore (LSE: GLEN) to federal court to block a carbon capture and storage plan they say will pollute an underground water reservoir a fifth…
Explaining the copper conundrum
Arguably, no one is more aware of the coming copper shortage than copper miners themselves. Glencore CEO Gary Nagle warned in late 2022 — just months before the company made…
Lifezone shares rise on US$50M financing, Tanzania refinery licence
A consortium of marquee mining investors are backing Lifezone Metals (NYSE: LZM) and the development of its flagship Kabanga project in northwest Tanzania, which is on track to reach the…
Teck’s Elk Valley cleanup could cost $4.7B, says environmental group
A report found that the amount set aside by Teck is inadequate to mitigate selenium contamination.
Li-Cycle shares jump on US$75M Glencore investment
Lithium-ion battery resource recovery company Li-Cycle (NYSE: LICY) announced Tuesday it raised US$75 million through a senior note financing with an affiliate of Swiss commodities giant Glencore (LSE: GLEN). Glencore…
Pampa drills long copper interval at Piuquenes in Argentina
Pampa Metals (CSE: PM; US-OTC: PMMCF) says the first drill hole at its Piuquenes project in Argentina cut more than 1% copper equivalent over nearly a third of a kilometre….
Abitibi Metals drills 3.5% copper in Quebec
Abitibi Metals (CSE: AMQ; OTC: AMQFF) says its first two drill holes at the B26 polymetallic deposit in northern Quebec bode well to earn most of the project from the…
Glencore opens new nickel-copper mine at Raglan
Glencore (LSE: GLEN) says its new Anuri underground mine at its Raglan nickel-copper operation in Nunavik, Que., will extend the nickel-copper operation’s mine life by at least 20 years. Raglan…
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…