US Steel union rejects Nippon Steel’s appeal for takeover support

In December, Nippon agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a US election year.

Reuters | April 2, 2024 | 12:25 pm

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Teck has agreed to pay Korea Zinc $165 per metric…

Reuters | April 2, 2024 | 9:43 am

Deutsche Bank says Glencore may weigh listing move to US

The firm’s primary listing could come into focus due to…

Bloomberg News | April 2, 2024 | 6:40 am

Gold Fields begins gold production at new Chilean mine

The almost $1.2bn Salares Norte mine faced some unique challenges,…

Cecilia Jamasmie | April 2, 2024 | 3:54 am

Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte

Meanwhile, it is still awaiting a new special mining permit…

Reuters | April 1, 2024 | 4:26 am

Pan Am Silver’s La Colorado Skarn project is large but manageable, BMO says

The project in central Mexico’s Zacatecas state has an after-tax net present value of C$1.09 billion at an 8% discount rate with an after-tax internal rate of return of 14%.

Colin McClelland | December 19, 2023 | 8:14 am

SQM ties up with Hancock on $1.1bn bid for Azure Minerals

Azure has received a sweetened $2.48-per-share takeover offer from the pair.

Reuters | December 18, 2023 | 2:57 pm

Copper Mark awarded to Teck’s Quebrada Blanca and Carmen de Andacollo mines in Chile

Copper Mark is awarded to mines assessed as meeting 32 responsible production criteria including greenhouse gas emissions, community health and safety, respect for Indigenous rights, and business integrity.

Staff Writer | December 18, 2023 | 12:03 pm

Skeena closes $60 million financing with Franco-Nevada for Eskay Creek

Franco-Nevada now holds a 2.5% NSR on all of the Eskay Creek properties.

Staff Writer | December 18, 2023 | 11:59 am

Nornickel joins stainless steel factory project, aims to increase nickel sales

Annual production at the new plant is expected to be up to 500,000 metric tons per year.

Reuters | December 18, 2023 | 10:06 am

Novo Resources forms JV with SQM on lithium-nickel exploration in Australia

SQM will pay Novo A$10 million for a 75% interest in five tenements held by Novo.

Staff Writer | December 18, 2023 | 9:20 am

Nippon Steel agrees to buy US Steel for $14.1 billion

The deal caps months of uncertainty over the future of the iconic American company.

Bloomberg News | December 18, 2023 | 6:48 am

Vedanta Ltd declares second interim dividend for FY24

The dividend comes at a time when UK-based parent Vedanta Resources grapples with multiple rating downgrades.

Reuters | December 18, 2023 | 5:07 am

Thousands of Cobre Panamá workers join First Quantum’s voluntary retirement scheme

Close to 2,500 workers joined Minera Panamá’s special voluntary retirement scheme following the order received by parent company First Quantum Minerals to end mining operations at the Cobre Panamá copper mine.

Valentina Ruiz Leotaud | December 17, 2023 | 12:21 pm

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