TSX slips over Apr. 17-21 trading week
The S&P/TSX Composite Index rose 113.09 points or 0.6% over the Apr. 17-21 trading week to 20,693.15. The S&P/TSX Global Mining Index declined 4.03 points or 3.4% to 113.15, and…
Coking coal
Roundup Preview: BC mining and exploration off to a strong start after tumultuous 2022
With high interest rates, high inflation and reduced access to finance, 2022 was a challenging year for the mineral exploration sector. But unofficial financial numbers point to a solid start…
Teck says Elkview outage to cost 1.5M tonnes in coal production
Canada’s largest diversified miner Teck Resources (TSX: TCK.A/TCK.B; NYSE: TCK) said on Wednesday it expects to lose coal production of about 1.5 million tonnes due to a structural failure at its…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
GMS: Mark Cutifani talks up Anglo American’s future-facing metals strategy
Anglo American (LSE: AAL; US-OTC: NGLOY) is charting a future-facing path forward by strategically positioning its diversified portfolio of mines to service the emerging energy revolution, CEO Mark Cutifani told…
AME Roundup: B.C. mining production achieves record in 2021
The Association of Mineral Exploration’s annual Roundup event kicked off this week, providing the first opportunity for industry delegates to mingle in person at an industry event following the start…
Glencore paid $5.8B to governments in 2020
Swiss-based multinational miner Glencore (LSE: GLEN) has disclosed US$5.7 billion in taxes, royalties and other government payments in 2020. The diversified mining house says the Covid-19 pandemic caused major production…
BHP plans ‘very tangible actions’ on carbon emissions
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company’s operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday….
Iron ore and coking coal prices approach parity
Since the establishment of the spot market for iron ore in 2008 and the inclusion of coking coal prices on the Singapore Exchange in 2014, the price of 62% iron…