Teck CEO Don Lindsay focuses on copper at BofA conference
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America…
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America…
South American countries have taken varying approaches to containing the spread of COVID-19, ranging from leaving it to states and cities to handle the virus to implementing aggressive lockdowns and…
The mining industry is fraught with capital cost overruns — a quick internet search will turn up many examples. The results quickly highlight that as many as two-thirds of mining…
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and project construction suspensions. Copper trading…
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada’s oil and…
Teck Resources (TSX: TECK.B; NYSE:TCK) has officially withdrawn its application to build the C$20.6-billion (US$15.7 billion) Frontier oil sands mine, just days before the Canadian government was slated to make…
Eskay Creek in British Columbia’s Golden Triangle was at one time the world’s highest-grade gold mine before Barrick Gold (TSX: ABX; NYSE: GOLD) finally shut it down in 2008 due…
The S&P/TSX Composite Index rose 1.10% to finish the trading week at 16,013. The S&P/TSX Global Mining Index increased 3.40% to 75.49, while the S&P/TSX Global Base Metals Index jumped…
Araguaia, one of the largest undeveloped ferro-nickel projects in the world, could produce about 52,000 tonnes of ferronickel a year over a mine life of 28 years, Horizonte Minerals (TSX:…
Newmont Mining (NYSE: NEM) has acquired NovaGold Resources’ (TSX: NG; NYSE-AM: NG) 50% stake in the Galore Creek copper-gold project in B.C. for staged payments of up to US$275 million….
In the latest of a series of strategic investments in junior mining companies, Barrick Gold (TSX: ABX; NYSE: ABX) is acquiring a 19.9% stake in Midas Gold (TSX: MAX; US-OTC:…
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