Rio Tinto appoints two new non-executive directors to boardMartina Merz will join the Board on February 1 and Sharon Thorne will join on July 1 2024.Staff Writer | January 2, 2024 | 4:49 pm
Condor Resources, Teck team up at Cobreorco copper-gold project in PeruTeck has a first option to earn a 55% interest…Staff Writer | January 2, 2024 | 11:08 am
AbraSilver farms out La Coipita project in Argentina to TeckTeck will have the option to acquire an 80% interest…Staff Writer | January 2, 2024 | 9:31 am
Rio Tinto to spend $216.5m to fund Ranger uranium mine rehab costs Proceeds will be used to fund rehabilitation related to Energy Resources's Ranger uranium mine in the Northern Territory and repay a loan from Rio Tinto. Reuters | April 3, 2023 | 5:00 pm
Glencore not giving up on Teck takeover CEO Gary Nagle said Glencore's offer creates better value for shareholders all around than the one Teck is currently proposing. Nelson Bennett- Business in Vancouver | April 3, 2023 | 3:37 pm
Glencore’s bid for Teck shows it’s willing to abandon coal The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said. Bloomberg News | April 3, 2023 | 2:07 pm
Rio Tinto fires up BlueSmelting demo plant in Quebec The demonstration plant will process 40,000 tonnes of ilmenite per year, making it the largest of its kind in the world. Staff Writer | April 3, 2023 | 9:41 am
Sumitomo Metal plans 11% cut in full-year copper output The decline comes as it plans to conduct two-month maintenance at its Toyo Smelter & Refinery in Ehime, western Japan. Reuters | April 3, 2023 | 7:39 am
Mitsui Mining expects H1 zinc output falling 4.7% y/y Mitsui Mining and Smelting Co Ltd plans to produce 107,000 tonnes of refined zinc in the first half of the 2023/24 financial year. Reuters | April 3, 2023 | 7:36 am
Agnico Eagle becomes sole owner of Canadian Malartic mine The world’s third-biggest bullion producer now owns the Canadian Malartic, one of North America’s biggest gold mines. Cecilia Jamasmie | April 3, 2023 | 7:03 am
Teck rejects unsolicited $23bn takeover bid from Glencore Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources. Cecilia Jamasmie | April 3, 2023 | 4:03 am
Barrick Gold replaces gold reserves, remains on track to execute 10-year business plan Barrick Gold’s executive chairman John Thornton said the company more than replaced the gold reserves it mined in 2022. Staff Writer | April 2, 2023 | 10:38 am