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X @Bloomberg
Bloomberg· 2026-03-13 16:20
China’s state-backed iron ore trader has told steel mills that it’s temporarily easing restrictions on one of BHP Group’s grades, after worries over a broadening of bans against the mining giant sent prices rising this week https://t.co/Rt7hIBV5HN ...
Better Mining Stock: The Metals Company (TMC) vs. SSR Mining (SSRM)
Yahoo Finance· 2026-03-13 16:05
The opportunity to secure a domestic supply of other critical minerals has opened up a market for up-and-coming companies, including The Metals Company (NASDAQ: TMC). Meanwhile, the higher gold and silver prices have been a windfall for precious metals miners like SSR Mining (NASDAQ: SSRM). If you're weighing your investment options and are considering these two mining stocks, here's what you need to know and which one is a better investment today. Will AI create the world's first trillionaire? Our team j ...
Future Mineral Closes First Tranche of Private Placement
Globenewswire· 2026-03-13 15:22
TORONTO, March 13, 2026 (GLOBE NEWSWIRE) -- Future Mineral Resources Inc. (“Future Mineral” or the “Company”) (TSX: FMR) is pleased to announce that it has closed a first tranche (the “First Tranche”) of a previously announced non-brokered private placement financing of up to 15 million common shares at a price of $0.30 per share for gross proceeds of up to $4.5m (the “Offering”). For more information about the Offering, please see the Company’s press releases dated January 7, 2026, and February 2, 2026, ea ...
X @Bloomberg
Bloomberg· 2026-03-13 13:50
Rio Tinto will slow down construction of the Nemaska Lithium processing plant in Becancour, Quebec, just few weeks after it announced it has taken majority control of the project https://t.co/Gzm2o1iqGQ ...
Rockland Announces Ms. Paula Caldwell St-Onge to its Board Of Directors
Thenewswire· 2026-03-13 12:00
Core Insights - Rockland Resources Ltd. has appointed Ms. Paula Caldwell St-Onge to its Board of Directors, enhancing its governance and strategic capabilities [1][4] - Ms. Caldwell St-Onge has over 30 years of experience in the public sector, with expertise in international relations, trade, governance, and environmental sciences [2][3] - The company is focused on mineral exploration and aims to unlock value through its flagship Cole Gold Mines project in Ontario's Red Lake district [5] Company Overview - Rockland Resources Ltd. is committed to delivering meaningful growth and long-term value to its shareholders through disciplined exploration and strategic project development [5] - The company has recently seen a change in its Board of Directors, with the resignation of Ms. Tracy Hughes [4] Board Member Expertise - Ms. Caldwell St-Onge has significant governance experience in the mining sector, having served as an independent director for publicly listed mining companies [3] - She holds a Masters in Business Administration focused on Leadership and Sustainability and has an Institute of Corporate Directors Designation from the University of Toronto [2]
Morning Bid: Markets over a barrel
Reuters· 2026-03-13 10:43
Market Overview - U.S. stock markets experienced their worst day since the onset of the Iran war, with the S&P 500, Dow, and Nasdaq dropping approximately 1.5% [1] - Despite the turmoil, U.S. stocks have shown relative calm compared to Asian and European markets, possibly due to investor expectations that President Trump may de-escalate U.S. involvement in the conflict [1] Oil Market Dynamics - The oil market has seen unprecedented volatility, with Brent crude prices experiencing a record $35 intraday move, reaching nearly $120 per barrel before falling below $90 [1] - Prices spiked 9% on Thursday, surpassing $100 per barrel, amid threats from Tehran that crude could reach $200 [1] - The International Energy Agency announced a 400-million-barrel reserve release, the largest collective drawdown ever, but this is viewed as a temporary solution [1] Consumer Impact - U.S. consumers are facing rising energy costs, with average gasoline prices increasing by 20% since the war began, reaching $3.58 per gallon [1] - The consumer price index rose by 2.4% year-over-year, remaining unchanged from the previous month, indicating inflationary pressures [1] Central Bank Responses - Major central banks, including the Federal Reserve and the European Central Bank, are scheduled to meet next week, with the Reserve Bank of Australia expected to raise interest rates [1] - Market participants are keen to understand policymakers' strategies in response to the ongoing crisis [1] Private Credit Market Concerns - JPMorgan has reported markdowns on some loans to private credit funds, raising concerns about risks in the private credit market reminiscent of the 2007-09 financial crisis [1] - This situation highlights the potential for hidden risks in financial markets during exogenous shocks [1]
X @Bloomberg
Bloomberg· 2026-03-13 08:00
Illicit mining caused the landslide on March 11 that “led to fatalities and injuries,” Boss Mining SAS said in a statement Thursday https://t.co/ndmiB8U11W ...
Workers strike at Glencore's Australia refinery over pay dispute
Reuters· 2026-03-13 06:01
Core Viewpoint - Workers at Glencore's copper refinery in North Queensland have initiated a strike due to unresolved disputes over wages and working conditions after nearly a year of negotiations [1] Company Summary - Glencore operates 20 active mining operations in Australia, focusing on zinc, copper, silver, and other minerals, employing approximately 17,000 people [1] Industry Context - The Australian Workers' Union (AWU) has indicated that the strike is a response to Glencore's refusal to provide a wage increase that aligns with the rising cost of living [1] - The union has stated that if Glencore does not improve its wage offer, further actions may be taken in the future [1]
Early Warning Reports Issued Pursuant to National Instrument 62-103
TMX Newsfile· 2026-03-13 00:56
Core Viewpoint - Coloured Ties Capital Inc. (CTI) has filed an Early Warning Report regarding its acquisition of common shares in LaFleur Minerals Inc. and subsequent changes in ownership due to private placements by LaFleur [1][6]. Group 1: Acquisition Details - On June 5, 2025, CTI acquired 2,474,526 common shares of LaFleur at a price of $0.15 per share, totaling approximately $371,178.90 [2]. - Following this acquisition, CTI's ownership increased to 19,838,237 common shares, representing about 31.24% of LaFleur's issued and outstanding shares [2]. Group 2: Ownership Changes - After a private placement on September 10, 2025, CTI's ownership share decreased from 31.76% to 29.03% of LaFleur's issued and outstanding shares [3]. - Following another private placement and flow-through offering on December 30, 2025, CTI's ownership further decreased from 28.39% to 24.18% of the issued and outstanding shares [4]. Group 3: Investment Intentions - The common shares were acquired for investment purposes, and CTI may adjust its ownership based on market conditions and other investment opportunities [5].
Teck Reports 2025 Sustainability Performance
Globenewswire· 2026-03-12 22:37
Core Insights - Teck Resources Limited has released its 2025 Sustainability Report, emphasizing its performance in community support, Indigenous Peoples, health and safety, diversity, and climate initiatives [1][2] - The report aligns with Global Reporting Initiative (GRI) Standards and is prepared according to the Mining and Metals Sector Standard GRI 14: Mining and Metals Sector 2023, as well as the Sustainability Accounting Standards Board (SASB) Standards [2] - The company is committed to responsibly providing critical minerals for global development and energy transition while advancing a proposed merger with Anglo American plc [2] Company Overview - Teck is a leading Canadian resource company focused on providing essential metals for economic development and energy transition, with a strong portfolio of copper and zinc operations across North and South America [8][9] - The company aims to create long-term value through responsible growth and stakeholder trust [9] Compliance and Standards - The report conforms to the International Council on Mining and Metals (ICMM) member requirements, including the implementation of ICMM Mining Principles and the Mining Association of Canada's Towards Sustainable Mining (MAC TSM) Protocols [3]