Glencore, Amrize win BC reclamation awards
Glencore’s (LSE: GLEN) Canadian coal unit, Elk Valley Resources, and building materials company Amrize (NYSE: AMRZ) led the honours at the 48th British Columbia mine reclamation awards this week. Elk…
Coking coal
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Cleveland-Cliffs seeks US Steel with Nucor: CNBC
Cleveland-Cliffs (NYSE: CLF) is reportedly collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday. This development follows the Biden…
How mining figures in the BC election
The NDP and Conservative parties vying to govern British Columbia agree critical minerals projects need to be fast-tracked through permit stages. This week they released their platforms on mining. Premier…
Ukraine seeks experts to revive war-ravaged steel sector
Ukraine is issuing a call for international mining experts to boost its steel industry accounting for about a tenth of the economy as the war crushes infrastructure and takes most…
Environment Canada lays charges against Teck Coal as Glencore sale closes
Environment Canada has laid five charges against Teck Coal Ltd. after the company was alleged to have dumped substances harmful to fish into waters near its Ek Valley operations in…
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…
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…