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1) A Canadian group, led by Pierre Lassonde has proposed to buy Teck Resource's coal mining operations. The move could prevent Glencore from acquiring the Canadian mining giant, which has rejected the $23 billion takeover by Glencore. “Teck wants to move forward, we’ve been told very definitively,” Lassonde told the Globe and Mail. “For them, it’s a question of consulting their bankers and consulting other groups. We’re told that they want to get something done between eight to 12 weeks.” Pierre Lassonde cofounded Franco-Nevada, the mining royalty company and was the first to be part of the Carlin trend in Nevada before Barrick bought out the property.
2) Codelco and BHP will collaborate on a number of areas including the supply of desalinated water, stability and monitoring of tailings deposits, and the development of technologies for the decarbonization of processes, among others. This is a separate agreement that follows the agreement Codelco agreed with Rio Tinto that was announced in October 2022, with the objective of "sharing knowledge about security, technology, operational performance, productivity and advances in environmental, social and governance matters." “Our copper is part of the solution to climate change that threatens the planet and must be produced in a sustainable manner, consistent with that cause. In order to imagine these new ways of doing mining, innovation is one of the main axes of our management, a focus that we can only develop in alliance with players who are equally active in this search, as is the case with BHP,” commented the CEO of Codelco, Andre Sougarret. The agreement between all these players addresses some of the main concerns that are facing the global mining industry at a time when it becomes crucial to mine critical minerals for the good of our planet.