Zinc price jumps to 4-year high
Zinc climbed to its highest level since June 2022 on the London Metal Exchange (LME) as warehouse stockpiles drained to multi-year lows and mine supply cuts tightened the physical market….
Teck Resources
Site visit: Can Honey Badger finally crack Prairie Creek?
NEAR NAHANNI NATIONAL PARK, N.W.T. – The Prairie Creek site, nestled in a peaceful mountain valley in the Northwest Territories, is the project that won’t die after facing numerous dead-ends,…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Top 10: Agnico, Barrick lead list of Canada miners
Agnico Eagle Mines (TSX, NYSE: NEM) leads the list of Canadian miners by market value at $79.5 billion (C$112.8 billion). Agnico runs the country’s largest mines by output: Canadian Malartic and Detour Lake. The…
Anglo execs take top jobs in $53B Teck merger
Anglo American (LSE: AAL) executives will hold three of Anglo Teck’s four top jobs after the $53-billion all-share merger with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) closes next year….
AbraSilver raises $45M for Diablillos in Argentina
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) is raising $45 million (US$32 million) through a bought-deal share offering to fund early works at its Diablillos silver-gold project in Argentina as it…
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders rebuilt bets that Washington will…
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which warns the metal faces “a…
Ottawa invests up to $400M in Teck’s Trail plant for germanium output
Canada’s federal government is investing a potential $400 million as part of an $850-million total investment in Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) Trail processing facility in British Columbia…
Mine operators face worsening wildfire seasons
With drought conditions persisting across parts of British Columbia and forecasters calling for a warmer-than-average summer amid a looming El Niño, mining companies are preparing for a wildfire season that could…
Ottawa’s $500M Red Chris bet tests BC grid
Ottawa’s $500-million (US$352 million) contribution to Newmont’s (NYSE, ASX: NEM; TSX: NGT) proposed Red Chris Block Cave has turned British Columbia’s northern power shortage into a live test of Canada’s…
South32 sells aluminum businesses to Alcoa for $5.6B
Australia’s South32 (ASX: S32) has agreed to sell nearly its entire aluminum portfolio to Alcoa (NYSE: AA; ASX: AAI) in a deal valued at up to $5.6 billion (C$7.9 billion)….