Glencore has added $US8.2 billion in cash to its initial $US23 billion takeover offer for Canadian miner Teck Resources. While Teck’s board members have doggedly crossed their arms and rejected Glencore’s offers, time will tell if the sweetened deal will...
Mineral Resources (MinRes) helped to inspire young minds at the Resources Technology Showcase 2023 (RTS 2023) earlier this month. The showcase spotlights some of the best mining technology on offer and drives conversation on the ways in which the future of...
Vietnam’s Competition and Consumer Authority has approved BHP’s acquisition of OZ Minerals, pushing the Big Australian one step closer to completing the takeover. The news comes after the Brazilian competition regulator gave similar approval in March. BHP’s...
Kazakhstan’s state-owned uranium miner is preparing reserves for production as demand increases, including from Eastern European power producers looking to cut their reliance on Russia. Some nuclear plants in Eastern Europe, which previously sourced enriched uranium...
Canada’s Teck Resources on Monday reinforced its rejection of an unsolicited $22.5-billion bid from Glencore, saying the implied value was “an illusion” and telling shareholders its restructuring plan was the only viable option. Glencore’s...