Hudbay Minerals to buy Copper Mountain Mining in $439m deal

The deal is the latest in a wave of buyout offers across the mining sector, as companies look to expand their copper footprint.

Reuters | April 13, 2023 | 7:36 am

Teck rejects Glencore’s sweetened bid, pushes for own restructuring

Glencore has offered Teck's shareholders 24% of the combined metals group and up to $8.2 billion in cash for those who may not want exposure to thermal coal.

Reuters | April 13, 2023 | 7:03 am

BHP wins vote to buy Oz Minerals in $6.4bn deal

The deal has also cleared competition regulators in Vietnam and Brazil.

Reuters | April 12, 2023 | 5:27 pm

Teck shareholders call for Glencore to boost takeover bid

Glencore Chief Executive Gary Nagle is flying to Toronto to meet with some Teck shareholders on Thursday to personally lobby them to support the deal.

Reuters | April 12, 2023 | 5:06 pm

Hurdles loom for Newmont’s $19.6 billion bid for Newcrest

Macquarie analysts upgraded their Newcrest share price target by 18% on the back of the sweetened Newmont offer.

Reuters | April 12, 2023 | 7:45 am

Trafigura takes significant copper volumes from LME warehouses

Copper stocks in LME warehouses, at 56,800 tonnes, have fallen by more than 25% since the middle of March.

Reuters | April 12, 2023 | 4:06 am

Ecuador mining opposition holding up $1 billion of investments

Ecuador has abundant mineral reserves but has lagged behind regional neighbors such as Peru and Chile in large-scale mining development.

Reuters | April 11, 2023 | 3:24 pm

Newmont, Glencore bids crack into metal industry’s top takeovers

Both deals — if completed — would rank among the top 10 biggest takeovers of metals producers.

Bloomberg News | April 11, 2023 | 1:19 pm

CHARTS: Mining’s top 50 companies top $1.4 trillion value amid M&A fever

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.

Frik Els | April 11, 2023 | 11:28 am

First

Last

China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown

Vedanta weighs sale of minority stake in Zambian copper assets

Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor

Freeport-McMoRan names Kathleen Quirk as CEO

Canadian government aims to support First Quantum after mine closure order, minister says

Create FREE account or log in

to receive MINING.COM digests