MINING.COM

Canada’s move to protect mining sector shields takeover targets

Teck Resources spent much of last year fending off Glencore’s $23 billion takeover attempt before the Swiss company opted instead to just buy the company’s steelmaking coal business.

Bloomberg News | July 5, 2024 | 4:00 pm

British Columbia’s Haida Nation Aboriginal title sparks constitutional questions

British Columbia's formal recognition of the Haida Nation's Aboriginal title over a group of islands near the Alaskan panhandle is a reconciliation milestone. But it’s raising legal and economic questions.

Henry Lazenby - The Northern Miner | July 5, 2024 | 10:00 am

Teck jumps on buyback, debt plan after coal sale to Glencore

The 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 facility

The miner has successfully appealed a prior decision regarding ownership of waste rock and tailings from the British Columbia mine.

Staff Writer | July 5, 2024 | 9:06 am

Canada sets high bar for approving large M&A deals in critical minerals

Some of the country's largest mining companies are copper producers, which means any foreign investment involving those miners would face intense scrutiny.

Reuters | July 4, 2024 | 5:39 pm

Canada approves Glencore takeover of Teck coal unit, with conditions

The government is planning to approve the deal as soon as Thursday, Globe and Mail said.

Reuters | July 4, 2024 | 4:32 pm

Cyanide spill detected near Victoria Gold’s Eagle mine in Canada’s Yukon Territory

The comments come hours after Toronto-based Victoria Gold said it hasn’t detected elevated cyanide levels downstream of its property.

Bloomberg News | July 4, 2024 | 3:06 pm

GoviEx Uranium has mining licence in Niger revoked, shares plummet

With an expected cost of $343 million, the Madaouela project was poised for development and had started to advance despite the political changes.

Staff Writer | July 4, 2024 | 11:13 am

Fokus Mining releases resource estimate for Galloway project in Quebec

The Galloway project is located along the Cadillac-Larder Lake Fault in the province's Golden Triangle.

Staff Writer | July 4, 2024 | 10:41 am

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Equinox Resources to explore Canadian project with historical antimony mining

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