Buenaventura sees Antofagasta as ally in copper growth plans

While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan.

Bloomberg News | January 4, 2024 | 12:43 pm

Maaden sees Aramco fuel price hike hitting earnings

“The expected financial impact will be an increase of approximately…

Bloomberg News | January 4, 2024 | 10:54 am

Endeavour Mining says it fired CEO for ‘serious misconduct’

The removal of Sébastien de Montessus follows an investigation by…

Bloomberg News | January 4, 2024 | 10:41 am

CMOC takes Glencore’s cobalt crown as output jumps 170%

Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023,…

Bloomberg News | January 4, 2024 | 10:11 am

Barrick, Antofagasta to spend $95m exploring for copper in Chile

Through the newly formed Minera El Encierro, the companies will…

Staff Writer | January 4, 2024 | 5:45 am

Glencore sweetens offer for Teck with $8.2bn cash incentive

Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil.

Cecilia Jamasmie | April 11, 2023 | 5:53 am

Glencore to offer lithium batteries recycling services in Spain and Portugal

It has partnered with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer battery recycling services.

Cecilia Jamasmie | April 11, 2023 | 5:03 am

One of Teck Resources’ top investors backs separation plan

Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote.

Cecilia Jamasmie | April 11, 2023 | 3:26 am

OZ Minerals gets Vietnam’s nod for its $6.4bn buyout by BHP

The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court.

Reuters | April 10, 2023 | 4:53 pm

Newmont plumps final bid for Newcrest to $19.5bn

Newmont has raised its buyout offer by 16% to A$32 billion.

Reuters | April 10, 2023 | 4:02 pm

Codelco renews clean energy contract with Canada’s Innergex

Innergex owns 55% of Pampa Elvira Solar, which generates heat through solar thermal collectors to recover dissolved copper.

Reuters | April 10, 2023 | 11:02 am

PolyMet completes $195 million rights offering, with Glencore upping stake

The proceeds will be used to fund the company's portion of the NewRange JV with Teck.

Staff Writer | April 10, 2023 | 9:48 am

Teck Resources calls Glencore bid a “non-starter”

Chief executive Jonathan Price warns that Glencore's proposed takeover would destroy value for the company’s shareholders.

Cecilia Jamasmie | April 10, 2023 | 3:51 am

Canadian entrepreneur Lassonde plans to buy blocking stake in Teck’s Elk Valley

Pierre Lassonde's comments came after Teck rejected an unsolicited takeover offer of $22.5 billion from Glencore.

Reuters | April 8, 2023 | 1:55 pm

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