Trudeau team ‘closely’ watching Glencore’s bid to swallow Teck Canada’s investment law gives the government some latitude to block foreign takeovers of large companies, though the power has not been used frequently. Bloomberg News | April 18, 2023 | 8:36 am
Lundin copper assets would be appealing to big miners, CEO says Lundin has been approached by both major miners and trading houses to discuss possible investments in the Josemaria project in Argentina. Bloomberg News | April 18, 2023 | 7:52 am
Teck CEO sees split plan as ‘most strategic’ option for shareholders Shareholders plan to vote on the split later this month, even as Glencore is pursuing a $22.5 billion bid of its own to buy Teck. Reuters | April 18, 2023 | 7:38 am
Billionaire Robert Friedland comes out in defence of Teck He warned Canada should not take lightly Glencore's attempted takeover of Teck, which has a track record of supporting local juniors. Cecilia Jamasmie | April 18, 2023 | 3:45 am
Anglo American’s Los Bronces project granted environmental permit Environmental permit approved for $3 billion extension of Anglo's Los Bronces copper project. Reuters | April 17, 2023 | 4:44 pm
Aurubis CEO says has stopped buying copper from Russia The year before the invasion, Russia supplied Aurubis and the entire EU with nearly 292,000 tonnes of copper. Reuters | April 17, 2023 | 2:31 pm
Peru copper exports plummet 20% even as production rises The world’s No. 2 copper producer is recovering from its worst social unrest in decades. Bloomberg News | April 17, 2023 | 1:34 pm
Tightest supply in 18 years boosts copper ahead of industry show The copper industry isn’t letting tightening credit and slowing growth kill the buzz heading into one of its biggest annual gatherings. Bloomberg News | April 17, 2023 | 11:45 am
Vale looking for copper in Peru as demand for EV metals surges The mining giant has at least two very early-stage projects ongoing in the exploration stage after abandoning a third one. Bloomberg News | April 17, 2023 | 11:19 am