The whole field of carbon taxes, cap-and-trade of carbon emissions, and other government initiatives to limit and tax industrial carbon emissions around the world is a complex and dispiriting grab…
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
The Canadian mining sector got a much-needed boost in the first three months of 2016 thanks to higher gold and base metal prices, according to a new EY report. EY’s…
A positive prefeasibility study on the Zafranal project — an Andean style porphyry copper-gold deposit in southern Peru owned by Teck Resources (TSX: TCK.A; TSX: TCK.B; NYSE: TECK), AQM Copper…
Teck Resources (TSX: TCK.B; NYSE: TCK) tallied a higher-than-expected quarterly profit, as it mitigated lower commodity prices with deep cost cuts. Adjusted first-quarter profit came in at $18 million, or 3¢…
U.S. indexes rose on the back of higher commodity prices and a better-than-expected jobs report. The Dow Jones Industrial Average gained 2.2% to close at 17,006.77. The S&P 500 Index…
Canada’s benchmark index slipped 0.1% to close at 12,797.79, despite higher crude oil prices. The S&P/TSX Capped Diversified Metals & Mining Index, however, gained 0.7% to close at 352.81. The…
The S&P 500 Index and the Dow Jones Industrial Average posted their best performances since November. The S&P 500 rose 2.8% to 1,917.78, and the Dow advanced 2.6% to 16,391.99. The Nasdaq climbed 3.8% to 4,504.43, in its largest weekly…
U.S. markets were closed on Jan. 18 for the Martin Luther King Jr. holiday and see-sawed the rest of the week, as West Texas Intermediate crude dipped below US$27.98 per barrel on Wednesday before finishing up 5.5% to US$32.20. The European…
Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.
VANCOUVER — Business has been booming for outfits in the precious metal-streaming and royalty game, with the latest deal seeing Sandstorm Gold (TSX: SSL) amass another 56 royalties from Teck Resources (TSX: TCK.B; NYSE: TCK).
VANCOUVER — It’s been over a decade since Teck Resources (TSX: TCK.B; NYSE: TCK) first optioned the Lorraine copper-gold project in north-central B.C. from Lorraine Copper (TSXV: LCC), but now the major is set to relinquish its 51%…
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