May 12, 2023

Vedanta posts slump in Q4 profit after metal prices fall

Company reported a 68% slump in fourth-quarter profit.

May 9, 2023

Canadian group led by Pierre Lassonde plans to buy Teck’s coal mines

Canadian entrepreneur told the Globe and Mail he would try taking a sizable equity in Teck's coal business.

May 9, 2023

Fortuna Silver to buy West Africa-focused Chesser Resources for $60m

Deal expands Fortuna's footprint in West Africa, where it has the Yaramoko gold mining complex in Burkina Faso and the Séguéla project in Côte d’Ivoire.

May 8, 2023

US to speed up South32’s Hermosa manganese-zinc project

The Arizona-based project is the first mining asset added to the FAST-41 process, which speeds up development of clean energy and other infrastructure.

May 6, 2023

Vedanta Resources repays $800 million loans to StanChart

Vedanta Resources said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity.

May 2, 2023

Hindustan Zinc’s all-cash bid for Vedanta’s assets lapses

Hindustan Zinc's shares prices have tumbled since the deal was announced.

April 27, 2023

Ivanhoe taps Glencore for $250 million to start Kipushi zinc mine ahead of schedule

Glencore will take all of the mine’s zinc concentrate for five years and fund the operation.

April 27, 2023

Global zinc, lead demand to exceed supply in 2023 – ILZSG

Global demand for refined lead metal will exceed supply by 20,000 tonnes in 2023, the group said.

April 27, 2023

Glencore says takeover bid for Teck stands after spinoff fails

Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.

April 26, 2023

Teck takes restructuring plan off the table ahead of vote

Teck said it will pursue instead "a simpler and more direct separation" proposal to best unlock the full value for its shareholders.