Glencore open to better bid for Teck if split rejected

Glencore (LON: GLEN) raised on Wednesday the prospect of improving its $23.1 billion takeover bid for Teck Resources (TSX: TECK.A, TECK.B) (NYSE: TECK), […]

Cecilia Jamasmie | April 19, 2023 | 6:37 am

Billionaire Robert Friedland comes out in defence of Teck

He warned Canada should not take lightly Glencore's attempted takeover of Teck, which has a track record of supporting local juniors.

Cecilia Jamasmie | April 18, 2023 | 6:45 am

Teck Resources calls Glencore bid a “non-starter” in push for restructuring

Teck attracts bids from Vale, Anglo American and Freeport

Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) is said to have been approached by Vale (NYSE: VALE), Anglo American (LON: AAL) and Freeport-McMoRan (NYSE: […]

Cecilia Jamasmie | April 17, 2023 | 7:49 am

Sabina’s shareholders back takeover by B2Gold

Sabina Gold & Silver’s (TSX: SBB; OTC: SGSVF) shareholders have approved an almost C$1.2-billion ($900m) takeover offer by fellow Canadian miner B2Gold […]

Cecilia Jamasmie | April 13, 2023 | 6:46 am

Glencore sweetens offer for Teck with $8.2bn cash incentive

Glencore (LON: GLEN) is stepping up efforts to take over Teck Resources (TSX: TECK.A, TECK.B NYSE:TECK) by adding on Tuesday a $8.2-billion cash […]

Cecilia Jamasmie | April 11, 2023 | 8:53 am

Teck Resources calls Glencore bid a “non-starter” in push for restructuring

Teck Resources (TSX: TECK.A, TECK.B; NYSE:TECK) urged investors on Monday to support its plan for splitting into two companies at a vote […]

Cecilia Jamasmie | April 10, 2023 | 6:51 am

Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward

Newcrest Mining (ASX, TSX: NCM) and Harmony Gold (NYSE: HMY) said Thursday they have signed a framework agreement with the Papua New […]

Cecilia Jamasmie | April 6, 2023 | 6:53 am

Hochschild Mining walks away from Canadian gold project

Hochschild Mining (LON: HOC) has informed Skeena Resources (NYSE: SKE) (TSX: SKE) that it is ending its option to earn in a […]

Cecilia Jamasmie | April 5, 2023 | 6:54 am

Biden earmarks $450m for clean energy projects at coal mines

The United States announced on Tuesday it had set aside $450 million to advance clean energy projects on current and former mine […]

Cecilia Jamasmie | April 4, 2023 | 6:48 am

Teck Resources rejects unsolicited $23bn takeover bid from Glencore

Teck rejects $23B takeover bid from Glencore

Canada’s Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), the country’s largest diversified miner, has rejected an unsolicited acquisition proposal from Swiss commodity […]

Cecilia Jamasmie | April 3, 2023 | 10:18 am