Gold Fields, Yamana heads defend takeover deal as top investor balks

Gold Fields CEO Chris Griffith says he “remains confident" and hopes to get the majority of investors on board by the time shareholders vote on the transaction.

Bloomberg News | October 28, 2022 | 10:28 am

Top investor opposes Gold Fields’ takeover of Yamana

Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy.

Reuters | October 28, 2022 | 7:52 am

Teck Resources hikes cost of QB2 copper project in Chile again

Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.

Cecilia Jamasmie | October 28, 2022 | 3:56 am

Standard Lithium commissions direct chloride-to-hydroxide pilot plant in Arkansas

The technology is housed in a self-contained unit and takes the lithium chloride feed produced by the company’s existing direct lithium extraction (DLE) demonstration plant.

Staff Writer | October 27, 2022 | 10:05 am

Canadian resources coveted by Asian superpower

China is Canada’s third-biggest trade partner and British Columbia’s second-largest.

Nelson Bennett - Business in Vancouve | October 27, 2022 | 9:39 am

Brucejack remains suspended after fatality

Mine in British Columbia remains suspended pending an investigation into the death of a worker from contracting partner Procon.

MINING.COM Staff Writer | October 27, 2022 | 8:15 am

Teck exits oilsands with C$1bn sale of Fort Hills stake to Suncor

The all-cash deal, effective Nov. 1, will boost Suncor’s aggregate share in the northern Alberta operation to more than 75%.

Cecilia Jamasmie | October 27, 2022 | 3:55 am

Inflation-hit miners are seeing early signs of cost relief

The financial chiefs of First Quantum Minerals and Lundin Mining noted a shifting trend on costs for mine supplies during their third-quarter earnings calls.

Bloomberg News | October 26, 2022 | 10:27 am

EarthLabs sells exploration consulting and technology division to Australia’s ALS

The ExplorTech division comprises the EarthLabs' GoldSpot Discoveries consulting group alongside Ridgeline Exploration Services Inc. and Geotic Inc.

Staff Writer | October 25, 2022 | 3:33 pm

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Biden-backed battery firm plunges after pausing construction

Wesdome drills 64 g/t gold along western extension at Eagle River mine

Teck stock drops to seven-month low on rising cost of flagship copper mine

Rock Tech Lithium to raise $7.3 million for Georgia Lake, converter projects

Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms

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