Jacob Lorinc

Lithium Royalty Corp. raised C$150 million ($109 million) in Canada’s biggest initial public offering in 10 months, tapping investor appetite for a slice of the booming battery metals industry.

Gold prices could surpass the record set at the height of the Covid-19 pandemic if ongoing turmoil in the banking sector persists and global central banks downshift their interest-rate hiking cycle, according to Sprott Inc., a top investor in the bullion industry.

Newmont has gained partial access to the corporate books of Australian rival Newcrest in a sign that the US company could make a revised offer to seal what would be the world’s largest gold takeover.

Glencore Plc is still pursuing its $23 billion proposal to buy Teck Resources Ltd. and seeking talks with the Canadian company’s management, undeterred by firm rejections from both Teck’s board and controlling shareholder.

Teck Resources Ltd. is willing to entertain offers from potential suitors after it finishes the spinoff of its steelmaking coal business, according to people familiar with the matter.

Teck Resources Ltd. spent four years mulling options for its steelmaking coal business before deciding to separate it from its base metals operations.

Sprott Inc.’s former top executive, Peter Grosskopf, has acquired the firm’s Canadian investment banking business in a bid to help mining companies make deals as industry consolidation heats up.

Livent seized on a slump in prices to snap up Allkem, and strategically they’re a near-perfect fit.

Canadian miner’s CEO says he’s focusing on organic growth and not ‘stupid M&As.’

Wesdome Gold Mines Ltd. appointed Anthea Bath as its next chief executive officer, a rare example of a female CEO leading a Canadian mining company.