Teck jumps on buyback, debt plan after coal sale to GlencoreThe Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.Bloomberg News | July 5, 2024 | 9:26 am
Skeena Resources wins appeal over Eskay Creek tailings storage facilityThe miner has successfully appealed a prior decision regarding ownership…Staff Writer | July 5, 2024 | 9:06 am
Canada approves Glencore takeover of Teck coal unit, with conditionsThe government is planning to approve the deal as soon…Reuters | July 4, 2024 | 4:32 pm
SRG Mining’s move to UAE would avoid national security review on Chinese investment in Canada The Canadian government has scrutinized Chinese investment in the country’s junior mining sector. Staff Writer | February 26, 2024 | 4:41 pm
Fury Gold Mines buys Newmont’s 50% stake in Éléonore South project in Quebec Newmont said last week it planned to sell six non-core assets. Staff Writer | February 26, 2024 | 12:03 pm
Rio Tinto gets $13 million from Canada to decarbonize iron ore processing The government funding represents about 25% of the total cost of the project in Labrador West. Reuters | February 26, 2024 | 11:57 am
Patriot Battery Metals aims to fast-track Corvette lithium production From discovery in 2017 to an initial resource in 2023 that outlined one of the largest lithium pegmatite resources in the Americas, the company’s now eyeing its next milestone. Henry Lazenby | February 26, 2024 | 10:28 am
BMO bankers sent each other crude memes before they were fired Multiple former employees who spoke with Bloomberg also said it wasn’t the first case of crude jokes being circulated. Bloomberg News | February 26, 2024 | 9:48 am
Orla Mining expands Nevada landholding with Contact Gold acquisition This move, says Orla, allows the company to consolidate landholdings within the Railroad-Pinion district. Staff Writer | February 26, 2024 | 9:11 am
MIND ID to acquire 14% stake in Vale Indonesia The divestment is a key condition for the extension of Vale Indonesia's mining permit beyond 2025. Reuters | February 26, 2024 | 6:47 am
China’s Yintai Gold to buy Osino Resources for $272 million The deal also will help Osino fast-track development of the wholly owned Twin Hills gold project in central Namibia. Reuters | February 25, 2024 | 4:25 pm
Global uranium production to increase 11.7% in 2024 — report The production rise will predominantly come from key producers Kazakhstan and Canada, says GlobalData. MINING.com Editor | February 25, 2024 | 9:25 am