Here's my official buyout speculation.

Teck and their cohorts have apparently withdrawn their bid for Las Bambas. That was Teck, Newmont, Blackstone and a company called Magris Resources that was started by a former Barrick CEO.

Newmont is sitting near their 52-week low, so their stock is hammered but they obviously have cash if they were thinking about buying Las Bambas.

Magris Resources says this about their company:

• Comprehensive “on‐the ground” operating & technical experience including exploration, pre‐development & operating stage projects
• Strong history of operational turnarounds involving complex mining assets.

So, maybe they are considering working together on another project? Keep the gang together and work on a major project in geopolitically safe BC?