Teck Resources

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

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星期五, 四月 26, 2024

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

Key Points:

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

Retrieved on:

星期五, 四月 26, 2024

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

Key Points:

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Horizon Copper Provides Portfolio Updates

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星期一, 三月 18, 2024

Environmental impact assessment, Molybdenum, Mining, Growth, Teck Resources, SSR, Zinc, Copper, Gold, News, Engineering, DDH, National instrument, NPI, Rio Tinto, Oyu Tolgoi mine, Reserve

VANCOUVER, BC, March 18, 2024 /PRNewswire/ - Horizon Copper Corp. (TSXV: HCU) ("Horizon Copper", "Horizon", or the "Company") is pleased to provide updates related to its portfolio of assets.

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VANCOUVER, BC, March 18, 2024 /PRNewswire/ - Horizon Copper Corp. (TSXV: HCU) ("Horizon Copper", "Horizon", or the "Company") is pleased to provide updates related to its portfolio of assets.
"The first quarter of 2024 has brought notable developments within our asset portfolio," commented Erfan Kazemi, Horizon's President & CEO.
As we move through 2024, we are looking forward to further advancements and updates from our world-class portfolio."
Horizon Copper holds a 1.66% net profits interest ("NPI") in the Antamina mine.

Perpetua Resources Announces Appointment of Mining Veteran Jon Cherry to Succeed Laurel Sayer as President and Chief Executive Officer

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星期四, 三月 14, 2024

Culture, Negotiation, Mining, Project, CFO, BHP, Sale, Perpetua and Felicity, Senior advisor, Retirement, Teck Resources, PPTA, Management

Perpetua's Board of Directors appoints Jon Cherry, President and Chief Executive Officer and Jessica Largent, Chief Financial Officer as Directors.

Key Points:

Perpetua's Board of Directors appoints Jon Cherry, President and Chief Executive Officer and Jessica Largent, Chief Financial Officer as Directors.
The Board of Directors has appointed Jon Cherry to succeed Laurel Sayer as President and CEO of Perpetua Resources and as a member of the Board of Directors effective March 14, 2024.
Jon Cherry joins Perpetua Resources with over 33 years of extensive mining industry experience including permitting, capital raising, project development, joint venture formation, and operations.
Ms. Largent was appointed Chief Financial Officer in April 2022 after joining the Perpetua team in February 2021 as Vice President, Finance and Investor Relations.

Nicola Mining Inc. Engages Dias Geophysical to Conduct IP Survey at New Craigmont Copper Project

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星期三, 二月 21, 2024

Anomaly, MARB, Teck Resources, WP, IP, Guichón, Nicola

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has contracted Dias Geophysical ("Dias") to conduct a 3D Induced Polarization survey ("IP survey") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), which is located near Merritt, B.C.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has contracted Dias Geophysical ("Dias") to conduct a 3D Induced Polarization survey ("IP survey") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), which is located near Merritt, B.C.
The IP Survey, targeted for late April / early May, will encompass two key target areas and cover about 4.5 square kilometers.
To view an enhanced version of this graphic, please visit:
In 2017 and 2018 , Nicola engaged Scott Geophysics to complete 32.45 line-kilometers of IP survey, as shown in Figure 1.
Survey results and subsequent exploration drilling saw a significant correlation between IP data and high-grade copper intercepts at the Embayment Zone (Figure 2).

DynaResource, Inc. Appoints Directors

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星期四, 二月 22, 2024

Currently, Dr. Hennigh is Technical and Geologic Director to Crescat Capital and is CEO of private miner, San Cristobal Mining.

Key Points:

Currently, Dr. Hennigh is Technical and Geologic Director to Crescat Capital and is CEO of private miner, San Cristobal Mining.
Mr. Omland is a mining executive with 20 years of experience in the mining and metals trading industry.
Mr. Omland also serves on the Board of Directors for Dore Copper Mining Corp, Galantas Gold Corporation and Nicola Mining Inc., all listed on the TSX-V.
Mr. K.D.
I also greatly appreciate the attention and support we have received from Mr. Omland and Ocean Partners since February 2021, and I am pleased to welcome Brent to the Board of Directors.

Royal Gold Reports Strong Fourth Quarter and Full Year 2023 Operating and Financial Results

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星期三, 二月 14, 2024

For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.

Key Points:

For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.
Barrick is expecting gold production at the Cortez Complex to be 620,000 to 680,000 ounces in 2024 (100% basis).
According to Barrick, construction and commissioning activities for the plant expansion were substantially completed by the end of 2023.
Gold and copper grades are relatively well correlated at Andacollo and gold production tends to track copper production.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

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星期二, 二月 13, 2024

Lithium, Cloud, Hathor, Mining, News, Growth, CCO, Westinghouse, Athabasca, Geology, NXE, Gartner, Lead, GSC, Minority, Offering, SCP, OTCQB, Copper, Rio Tinto, Ore, Teck Resources, URU, Snake, OTCQX, International Financial Reporting Standards, International, Rough Riders, Yon, HZ, Gold, Cobalt, Palladium, SW2, Agreement, SW1, PALM, Acquisition, Vendor, Nickel, Uranium, UEC, Mineral, TSX, Platinum, PLS, Definitive, COMINCO, Molybdenum, NexGen, Movement, FCU, Uranium mining

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points:

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

ATHA Energy Announces Appointment of Cliff Revering as Vice President Exploration and Karina Tyne as Director of Corporate Affairs

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星期一, 二月 12, 2024

Uranium, Teck Resources, Growth, FRA, Geology, Corporate Affairs, SASK, Athabasca Basin, Uranium mining

Troy Boisjoli, CEO of ATHA commented, “ATHA is very privileged to welcome Mr. Revering and Ms. Tyne to the ATHA team at what we believe is an exciting inflection point for the Company during a time of unprecedented macroeconomic strength in the uranium market.

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Troy Boisjoli, CEO of ATHA commented, “ATHA is very privileged to welcome Mr. Revering and Ms. Tyne to the ATHA team at what we believe is an exciting inflection point for the Company during a time of unprecedented macroeconomic strength in the uranium market.
Mr. Revering has extensive uranium expertise spanning North America, Australia, and Africa, and has worked on nearly every major uranium deposit within Canada.
Dedicated to responsible resource development, Ms. Tyne led community and Indigenous engagement at NexGen Energy, where she played an integral role in the successful negotiation and execution of collaboration agreements with several Indigenous nations.
ATHA also announces that Doug Adams will transition from VP, Exploration to Director of Basin Exploration and continue to spearhead critical ongoing exploration work within the Company.

Zinc Market Analysis Spotlights Sustainable Energy Applications and Regional Growth Opportunities 2023-2033

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星期三, 二月 7, 2024

Solar energy, Teck Resources, Sustainable energy, Growth, Knowledge, Zinc, Research, Wind, Oxide, Benchmarking, Publication, Strategic Insights, Renewable energy

Unlocking the Future of Clean Energy: A comprehensive new zinc market analysis has been added to our in-depth research publications, offering a detailed look into the metal's critical role in sustainable energy applications.

Key Points:

Unlocking the Future of Clean Energy: A comprehensive new zinc market analysis has been added to our in-depth research publications, offering a detailed look into the metal's critical role in sustainable energy applications.
Market Dynamics: In-depth analysis of market trends, drivers, challenges, and opportunities influencing the zinc market for sustainable energy Industry.
Growth Prospects: Assessment of growth opportunities and challenges in the global zinc market for sustainable energy, along with future market projections.
What are the key market drivers and opportunities in the market pertaining to zinc market for sustainable energy?