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Glencore submits alternative proposal to Teck

Glencore submits alternative proposal to Teck

Major miner Glencore has confirmed that it has submitted an alternative proposal to Teck Resources’ board of directors to acquire its steelmaking coal business for cash. Teck Resources is one of Canada’s leading mining companies which specialise in mining...
Queensland coal royalties costing the industry

Queensland coal royalties costing the industry

The Queensland Resources Council has released a new campaign in opposition to the State’s controversial coal royalty system. Late last year the QRC launched a $40 million advertising campaign, called Keep Queensland Competitive, in response to the royalty hikes....
Greatland Gold parts with Tasmanian assets

Greatland Gold parts with Tasmanian assets

London-based Greatland Gold has today offloaded its Firetower and Warrentinna Tasmanian tenements, following an agreement with Flynn Gold. In November, Greatland entered into an agreement with Flynn Gold under which Flynn Gold had the option to purchase the...