Anglo American to cut hundreds of coal jobs
Anglo American (LSE: AAL) will shed more than 200 jobs from its Queensland coal division as weak prices and high state royalties hit profits. The company confirmed the cuts would…
Teck Resources
Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
Alaska fast tracks permits with new fed deal
Alaska aims to move priority mining and oil-and-gas proposals faster through permitting after signing a new agreement with federal regulators. The FAST-41 cooperation with Alaska, the first state to do…
First Nations buy BC port serving Newmont mines
Two First Nations groups have partnered with a trucking company to buy a bulk terminal port near British Columbia’s border with Alaska serving Newmont’s (TSX: NGT; NYSE: NEM) Brucejack and…
Evolve Royalties in $70M deal for Voyageur Explorers
Private firm Evolve Strategic Element Royalties is poised to acquire the Prairies- and copper-zinc-gold-focused Voyageur Mineral Explorers (CSE: VOY) in a reverse takeover valued at $70.3 million. Voyageur is…
Kodiak drills expand MPD copper-gold in BC
Kodiak Copper’s (TSXV: KDK; US-OTC: KDKCF) first near-surface drill results of the year from its MPD project confirm near-surface copper-gold across 950 metres in the South zone. A highlight result…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…
BC’s Golden Triangle taps gov’t investment, new rules
British Columbia’s Golden Triangle, despite its remoteness and rough terrain, is thriving thanks to a mining revival, attracting both exploration minnows and major miners. The prospective region is about 500…
Teck lands permit to extend copper mine life in BC
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has secured an environmental assessment certificate to extend the life of its Highland Valley Copper (HVC) mine in British Columbia, keeping Canada’s largest…
BC mining must deliver on its potential: PwC
British Columbia’s mining industry is entering a crucial stage rich in opportunity for critical minerals and gold, but it’s still dogged by slow permitting and widespread uncertainty, according to global…