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…
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Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.
Lithium exploration in Canada – in charts
With last year’s record lithium prices spurring a boom in exploration for the energy metal that has persisted even as prices have retreated, The Northern Miner was curious where in…
Glencore opens door to better bid in letter to Teck Class B shareholders
Glencore (LSE: GLEN) raised on Wednesday the prospect of improving its US$23.1 billion takeover bid for Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), provided that shareholders reject the Canadian miner’s plan to…
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.
Asteroid mining startup AstroForge readies first mission
AstroForge, a startup with plans to mine asteroids, is getting ready to launch the first of its two missions on Friday, which main objective is to test the firm’s technique…
Botswana threatens break-up with De Beers in push for better deal
Botswana may not renew a five-decade sales agreement with De Beers if the diamond producer doesn’t offer a larger share of rough diamonds to the state’s gem trading company, Okavango…
One of Teck Resources’ top investors backs separation plan
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…
Biden earmarks US$450M for clean energy projects at coal mines
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…
RANKED: World’s top 10 biggest lithium mines
Lithium is a crucial component in the batteries that power the electric vehicles the world needs to accelerate the green energy transition. While lithium prices were white hot late last…
US indices inch higher during Mar. 20-24 trading week
The Dow Jones Industrial Average gained 604.76 points or 1.89% and the S&P 500 closed 72.15 points or 1.6% higher at 3,979.15 over the Mar. 20-24 trading week. Mexico and…
TNM Drill Down: Newfoundland produces the best gold assay of Mar. 13-17
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…