Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Teck Resources
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Canadian mining industry rallies to support Afghanistan women scholars at risk
Some of the biggest names in Canadian mining have come together in an initiative that brought 10 women scholars from Afghanistan to pursue graduate studies in mining and geology at…
Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
Treasury Metals to buy Giustra-backed Blackwolf Copper and Gold
Treasury Metals (TSX: TML; US-OTC: TSRMF) is bolstering its balance sheet and management with a deal to acquire Alaska-focused Blackwolf Copper and Gold (TSXV: BWCG; US-OTC: BWCGF) and its development-stage…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Teck copper output shoots up on QB mine, profit disappoints
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) saw its copper production jump by 74% in the first three months of the year, due mainly to the ramp up of the…
AbraSilver gets $20M investment from Kinross, Argentina power provider
AbraSilver Resource (TSXV: ABRA; US-OTC: ABBRF) said on Monday it has received investments from both Kinross Gold (TSX: K; NYSE: KGC) and Central Puerto, Argentina’s leading electricity provider, to fund…
Former Teck CEO Don Lindsay joins BHP board
Don Lindsay will join the BHP board as a non-executive director on May 1.
Teck’s Elk Valley cleanup could cost $4.7B, says environmental group
A report found that the amount set aside by Teck is inadequate to mitigate selenium contamination.
BMC’s project in Yukon can proceed after talks help address Indigenous doubts, governments say
A government body’s decision re-opens a path to permitting for BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon, following consultations between governments and Indigenous authorities. The…
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…