Newmont has suspended operations at its Peñasquito mine in Mexico in response to a strike notice by the National Union of Mine and Metal Workers of the Mexican Republic. The company said it will maintain essential activities related to safety, security and environmental monitoring and protection at the site. On June 7, the union notified Newmont of a strike action…
Read MoreDay: June 13, 2023
Multiple potential suitors for Teck coal business sale
Teck has confirmed that it is in receipt of “a number of inbound indications of interest” from potential buyers for the planned sale of its steel coal business arm. Teck, which is seeking to separate its coal division from its base metals division, did not identify any of the involved parties but said it and its board, as well as…
Read More