Germany draws up €2 billion state fund to secure key commodities The new financing vehicle could start next year if the ruling coalition agrees on the funding. Bloomberg News | April 24, 2023 | 12:20 pm
Teck Resources should remain in Canada, says Finance Minister Freeland "We need companies like Teck here in Canada, companies with a strong commitment to Canada," Freeland wrote in a letter to the Greater Vancouver Board of Trade. Reuters | April 24, 2023 | 10:09 am
Glencore CEO’s first big move: chasing mining’s toughest prize The bitter Teck-Glencore brawl is headed for a potential climax this week. Bloomberg News | April 23, 2023 | 12:15 pm
Lundin Mining CEO eyes Chile exploration, growth after big M&A bet The company is setting targets for its new Caserones mine and waiting to expand its existing Candelaria mine. Reuters | April 21, 2023 | 2:43 pm
Glencore copper output dips, expects strong trading profit Miner reported lower copper, zinc and nickel production in the first quarter. Reuters | April 21, 2023 | 7:27 am
Mexico’s lawmakers approve overhaul of mining industry The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations. Reuters | April 21, 2023 | 7:20 am
Freeport-McMoRan’s profit more than halves on lower production In February, the company was forced to stop operations at Grasberg after the mine was hit by floods. Reuters | April 21, 2023 | 7:10 am
Chile to nationalize its lithium industry The policy sets up a public-private model in which the state will partner with miners through a dedicated national lithium company. Cecilia Jamasmie | April 21, 2023 | 3:41 am
BHP upbeat on China demand; quarterly iron ore output ticks lower The miner reiterated its annual forecast of 278 to 290 Mt for Western Australian iron ore output. Reuters | April 20, 2023 | 5:00 pm