(Kitco News) - Mining and natural resources group Glencore announced today that it has reached a binding agreement with Norsk Hydro, one of the world's leading low-carbon aluminium companies, to acqui
JP Morgan expects Glencore to upgrade its offer for Teck Resources, especially now that the Canadian miner has dropped its own separation plans. Glencore's offer currently is worth around C$63 a piece
Glencore's plan to merge with Teck Resources seemingly got a shot in the arm last night as the Canadian group dropped its own plans to split off its coal business. In a statement, Glencore said it had
Freeport-McMoRan And Southern Copper: One Has A Fatter Profit Margin.
(Kitco News) - Glencore announced yesterday that in Q1 2023, its own sourced copper production was 244,100 tonnes, 5% lower than Q1 2022, largely due to planned lower grades in line with the phasing o
Glencore (LON: GLEN) share price continued recovering after publishing a strong trading statement on Friday. The shares were trading at 500, which was ~20% above the lowest point in March.
Glencore PLC (LSE:GLEN) reported first quarter production was broadly in line with its expectations and left full year production guidance. In a statement, Chief Executive Officer Gary Nagle said the
BATT: Falling Lithium Price Makes EVs More Affordable
Teck Resources has turned down yet another takeover offer from Glencore and urged shareholders to vote for its separation plan in a letter to investors on Wednesday. Teck wrote in the letter that Gle
As predicted in these pages a few weeks ago, Glencore has now sweetened its offer for Teck. Previously, Glencore was simply offering to subsume Teck, as it has subsumed so many other miners, and the
Glencore has upped the pressure on Teck management by offering to sweeten its deal further and stating it will make a hostile bid if the management of the Canadian miner won't engage in discussions. S
Glencore PLC GLEN, +1.84% said Wednesday that it would be prepared to consider improvements to its merger, demerger proposal for Teck Resources Ltd TECK, -1.13% . if its board were willing to engage w
Billionaire American/Canadian investor Robert Friedland issued a warning on Twitter Tuesday about the danger of letting Teck Resources get away. Rather than sell to the Swiss holding company Glencore,
Introduction: We asked Proactive's mining analyst, Ryan Long, to take a look at Mink Ventures Corporation (TSX-V:MINK), which is exploring the potential of its strategic landholding in the Abitibi B
The Swiss commodities giant has long argued that its thermal-coal assets worked better as part of a diversified miner. But its new bid for Teck Resources calls that contention into question.
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