Mixed fortunes for the American indexes during Apr. 3-6 trading week
The Dow Jones Industrial Average gained 211.1 points or 0.6% to 33,485.29 and the S&P 500 fell 4.29 points or 0.1% over the week to 44,105.02. Franco-Nevada was the top…
Teck Resources
Teck rejects US$23B takeover bid from Glencore
Canada’s Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), the country’s largest diversified miner, has rejected an unsolicited acquisition proposal from Swiss commodity trader and mining company Glencore (LSE: GLEN). The…
Teck produces first copper concentrate from QB2 in Chile
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) has produced the first bulk copper concentrate at its Quebrada Blanca Phase 2 (QB2) project in Chile as the project advances to full production…
Silicon Valley Bank failure knocked NYSE lower last week
Stocks fell Mar. 6-10 as investors shifted from concerns over inflation to the outlook for the economy after regulators shut California-based Silicon Valley Bank following losses that prevented it from…
TSX markets nosedive during Mar. 6-10 trading week
Over the Mar. 6-10 trading period, the S&P/TSX Composite Index fell a substantial 806.66 points or 3.9%, to 19,774.92. The S&P/TSX Global Mining Index lost 8.65 points or 7.5% to…
Teck Resources confirms mulling a coal business spin-out
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), has confirmed it is considering spinning out to shareholders its metallurgical coal business, sending shares up more than 10% on Thursday. The…
B.C. mineral exploration expenditures hit a record in 2022, says Premier
British Columbia-focused mineral explorers set a new spending record in 2022, hitting $740.4 million, announced Premier David Eby on Monday during an industry event in Vancouver. The figure surpasses the…
TSX, spot gold rise during Jan. 9-13 trading week
The S&P/TSX Composite Index rose 545.6 points or 2.75% to finish the Jan. 9-13 trading week at 20,360.10 and the S&P/TSX Global Mining Index gained 4.94 points or 4.25% to…
Teck sells closed Quintette coal mine for US$120 million
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada’s largest diversified miner, has reached a deal to sell its closed Quintette steelmaking coal mine to Conuma Resources for US$120 million…
Geotechnical instability forces Teck to suspend Highland Valley pit ops
Diversified miner Teck Resources (TSX: TECK.B, TECLK.A) temporarily closed the Highland Valley copper mine’s Valley pit on Monday. Teck said in a brief news release the closure was a proactive…
Teck’s QB2 project to be 100% powered by renewables starting in 2025
Canada’s largest diversified miner Teck Resources (TSX: TECK.A; TECK.B, NYSE: TECK) will power its Quebrada Blanca phase 2 (QB2) copper project in Chile with 100% renewable energy sources from 2025…
Site Visit: Americas Gold and Silver eyes extending decades-old Galena mine life as discoveries keep coming
Driving through the forested hills of northern Idaho, one could be forgiven for assuming the growing recreational city of Coeur d’Alene brings all the buzz and value to the region….