VANCOUVER– After exhausting its appeal options, Teck (TCK. B-T, TCK-N) has been ordered to pay more than US$1 million to an American Indian tribe to reimburse legal expenses it incurred trying to for…
Score it another writedown for the big boys.
In yet another asset sale to deal with its short-term debt crisis, Teck (TCK. B-T, TCK-N) is unloading its half stake in the Hemlo gold assets in northwestern Ontario on its joint-venture partner, Bar…
VANCOUVER– It was an old box of forgotten data in the back of a mill building that changed everything for Abacus Mining & Exploration (AME-V, ABCFF-O). Now, three and a half years after finding t…
Vancouver – Don Lindsay, the president and CEO of Teck (TCK.B-T, TCK-N), addressed the company’s heavy debt-load …
VANCOUVER– Another day, another announcement of job and production cuts: Teck (TCK. B-T, TCK-N) is letting go of 1,400 workers and reducing its 2009 coal production target to 20 million tonnes.
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
Vancouver – Another day, another announcement of job and production cuts: Teck Cominco (TCK.B-T, TCK-N) is let…
A private New York company has agreed to take on a 30% interest in cash-strapped NovaGold Resources (NG-T, NG…
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Vancouver – As part of its efforts to wrestle down nearly US$10 billion of debt, Teck (TCK. B-T, TCK-N) will …
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