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
Copper price gains but China’s weak activity weighs China signaling weak activity capped gains as the market looked ahead to the US inflation. MINING.COM Staff Writer | April 11, 2023 | 9:55 am
Western Copper confirms $1.7 million investment by Rio Tinto to maintain stake The investment allows Rio to maintain its approximate 7.84% interest. Staff Writer | April 11, 2023 | 9:05 am
Subsidiary of Gecamines secures $75 million to build new unit STL will produce copper cathodes, cobalt hydroxide, a germanium precipitate, silver concentrate and zinc oxides. Reuters | April 11, 2023 | 7:25 am
Glencore sweetens offer for Teck with $8.2bn cash incentive Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil. Cecilia Jamasmie | April 11, 2023 | 5:53 am
Copper-based solution captures CO2, stores it in the ocean An engineering researcher at Lehigh University has developed a novel way to capture carbon dioxide from the air. Staff Writer | April 11, 2023 | 5:05 am
One of Teck Resources’ top investors backs separation plan Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote. Cecilia Jamasmie | April 11, 2023 | 3:26 am
OZ Minerals gets Vietnam’s nod for its $6.4bn buyout by BHP The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court. Reuters | April 10, 2023 | 4:53 pm