Glencore digs in for battle as momentum shifts against Teck The momentum has shifted sharply in favor of Glencore and its hard-charging South African CEO, Gary Nagle. Bloomberg News | April 15, 2023 | 12:24 pm
Glencore’s Nagle says he’ll meet Teck CEO ‘anywhere’ to talk bid Gary Nagle said he hasn’t met with Teck CEO Jonathan Price in person since the first offer weeks ago. Bloomberg News | April 14, 2023 | 1:05 pm
Fitch sees scope for ‘digestible’ tax hike on Chile copper mines Chile can raise the tax burden for copper producers by about 5 percentage points without significantly affecting the industry, according to Fitch Ratings. Bloomberg News | April 14, 2023 | 11:21 am
Copper price is rallying but China stimulus could be “phantom tailwind” Recent stimulus in China, consumer of half the world's copper, is the weakest in 20 years relative to the size of its economy -- report. Frik Els | April 14, 2023 | 9:53 am
Column: LME volumes still subdued a year after nickel crisis A year on from the nickel crisis the London Metal Exchange is still struggling to regain trading momentum. Reuters | April 14, 2023 | 9:35 am
MMG mining copper at capacity in Peru and trimming stockpiles after protests Stockpiles of semi-processed copper at the Las Bambas mine site are “being progressively reduced,” the company said. Bloomberg News | April 14, 2023 | 9:35 am
Codelco hires Hartree’s head of Chile for refined copper role Francisco Zuniga will join Codelco in May after almost two years at Hartree Partners LP. Bloomberg News | April 14, 2023 | 8:24 am
Mexico’s mining law overhaul could cost $9 billion in coming years, says mining chamber The head of Mexico's mining chamber issued a stark warning against the proposal, saying it could cost the country up to 420,000 direct jobs. Reuters | April 14, 2023 | 7:45 am
Teck’s top shareholder backs Glencore takeover CIC, which holds slightly over 10% of Teck’s Class B shares, says Glencore's bid would allow for a cleaner exit for investors. Cecilia Jamasmie | April 14, 2023 | 6:56 am