Writedowns take toll on Teck
Vancouver — The diversity in Teck Cominco’s (TEK-T) mining portfolio failed to offset the effect of plunging metal prices as the newly formed major posted a third-quarter loss of $105 million (or 62…
Vancouver — The diversity in Teck Cominco’s (TEK-T) mining portfolio failed to offset the effect of plunging metal prices as the newly formed major posted a third-quarter loss of $105 million (or 62…
Vancouver — Plunging base metal prices have prompted Teck Cominco (TEK-T) to reduce the carrying value of non-operating properties by $154 million and take other non-cash charges of $15 million.The m…
Junior Redhawk Resources (RDK-V) hopes the key to developing several zinc-oxide prospects in the Americas lies in the hands of ZincOx Resources, a private, London-based company whose founding members …
Vancouver — With the San Nicholas project on simmer, owing to low zinc prices, Western Copper Holdings (WTC-T) is turning up the heat on the nearby Penasquito silver deposit in Mexico’s Zacatecas sta…
Cash is trickling into the Sierra Madre gold camps in Mexico as the rainy season draws to a close and juniors launch exploration programs designed to outline new resources or test the feasibility of p…
Under an agreement with Toronto-based Diadem Resources (DIR-V), Mexican silver producer Industrias Peoles is earning an interest in the El Nino claim, west of the San Nicolas deposit held by Western …
Vancouver — NDT Ventures (NDE-V) and Donner Minerals (DML-V) have resumed work at their South Voisey’s Bay project in Labrador.Archeological work is under way, to be followed by gravity and electroma…
Troubled Australian zinc producer Pasminco has appointed an administrator to take over the company’s affairs after a standstill agreement with the company’s creditors broke down in September.Pasminco,…
Vancouver — Goldfields and fellow Australian gold miner Delta Gold have inked a merger deal that will catapult the new company to the million-ounce-per-year level. The merged entity will rank as one …
Teck Cominco (TEK-T) has decided not to continue work at Nord Pacific’s (NPF-T) Tritton copper project in New South Wales, Australia.Nord Pacific and Cominco had been investigating the feasibility of …
Donner Minerals (DML-V) and Falconbridge (FL-T) have struck a deal over the South Voisey’s Bay nickel project in Labrador.The nickel major can earn a half-interest in a 624.5-sq.-km package of claims …
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.