Anglo draws Botswana into $5B De Beers sale talks
Anglo American (LSE: AAL) CEO Duncan Wanblad said Botswana’s government will join negotiations with one or two shortlisted bidders for De Beers, as the mining giant moves to sell its…
Teck Resources
Teck cuts copper forecast as Anglo holds to $53B deal
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper…
Troilus CEO nets European funding on Carney trip
Troilus Gold (TSX: TLG; US-OTC: CHXMF) has lined up hundreds of millions in European financing and offtake deals fresh from a Canadian trade mission promoting what CEO Justin Reid calls…
Copper price to surge past $11,000 in 2026, BofA says
Bank of America (BofA) has raised its copper price forecasts, pointing to widespread mine disruptions and steady demand as the metal tightens across global markets. The bank now expects copper…
Anglo American to cut hundreds of coal jobs
Anglo American (LSE: AAL) will shed more than 200 jobs from its Queensland coal division as weak prices and high state royalties hit profits. The company confirmed the cuts would…
Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
Alaska fast tracks permits with new fed deal
Alaska aims to move priority mining and oil-and-gas proposals faster through permitting after signing a new agreement with federal regulators. The FAST-41 cooperation with Alaska, the first state to do…
First Nations buy BC port serving Newmont mines
Two First Nations groups have partnered with a trucking company to buy a bulk terminal port near British Columbia’s border with Alaska serving Newmont’s (TSX: NGT; NYSE: NEM) Brucejack and…
Evolve Royalties in $70M deal for Voyageur Explorers
Private firm Evolve Strategic Element Royalties is poised to acquire the Prairies- and copper-zinc-gold-focused Voyageur Mineral Explorers (CSE: VOY) in a reverse takeover valued at $70.3 million. Voyageur is…
Kodiak drills expand MPD copper-gold in BC
Kodiak Copper’s (TSXV: KDK; US-OTC: KDKCF) first near-surface drill results of the year from its MPD project confirm near-surface copper-gold across 950 metres in the South zone. A highlight result…