Chile hails copper merger as strategic victory
THE £53bn merger between Anglo American and Teck Resources represents a union of assets with "extraordinary value," according to Chile's state copper producer Codelco.
"Chile...
Pan African hits high note amid unstinting gold price
GOLD was expected to remain at "extremely attractive" levels during Pan African Resources' 2026 financial year, said the firm's CEO Cobus Loots who added...
Galiano Gold halts production at Esaase following violent clashes
GALIANO Gold said on Wednesday it had suspended production at a section of its Asanko Gold Mine (AGM) in Ghana following a clash between...
Mining merger could spark industry consolidation wave
THE £53bn planned merger between Anglo American and Teck Resources announced on Tuesday could trigger a wave of consolidation amongst mining rivals, analysts told...
Anglo Teck is not about surviving hostile M&A – Wanblad
THE combination of Anglo American with Canada's Teck Corporation was hatched only two months ago as the firms discussed potential asset level cooperation.
Duncan Wanblad,...
Rio Tinto under pressure to build refinery for Simandou
RIO Tinto could face major new capital commitments after Guinea's government demanded the mining group establish downstream processing for its Simandou iron ore, rather...
Iron ore extends rally amid Chinese optimism
IRON ore has sustained its upward trajectory for a sixth consecutive session, approaching its strongest finish in more than half a year as traders...
Mali conducts airstrikes amid militant fuel blockade
MALI'S military has launched airstrikes in the gold-rich Kayes region following attempts by al Qaeda-affiliated militants to impose a fuel blockade on the landlocked...
Anglo unveils merger of equals with Teck to form Anglo Teck
ANGLO American and Teck Corporation today confirmed they had reached agreement on a "merger of equals" of the two miners.
To be named Anglo Teck...
Anglo said to be nearing deal for Teck Resources
ANGLO American is close to securing a deal for Canada's Teck Resources, said Bloomberg News citing sources familiar with the negotiations.
The London-listed miner is...