Agnico Eagle, Teck among winners of 2025 PDAC awards
The Prospectors and Developers Association of Canada (PDAC) has unveiled the names of five award winners at its upcoming convention in Toronto on March 2-5. The Bill Dennis Award goes…
Teck Resources
Kodiak Copper defers MPD resource in BC to show ‘full potential,’ chairman says
Kodiak Copper (TSX-V: KDK, OTCQB: KDKCF) is delaying the release of an initial resource for its MPD copper-gold project in British Columbia until it achieves a “significant outcome,” chairman Chris…
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…
Fire shuts part of Teck’s BC zinc plant
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has shut down part of the electrolytic zinc plant at its Trail Operations in British Columbia following what it calls a “localized fire”…
Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
How mining figures in the BC election
The NDP and Conservative parties vying to govern British Columbia agree critical minerals projects need to be fast-tracked through permit stages. This week they released their platforms on mining. Premier…
Codelco pays US$520M for Enami’s 10% stake in Teck’s Quebrada Blanca copper mine in Chile
The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco’s annual output.
Canadian rail lines restore service but supply snags need to be smoothed
Canada’s rail disruption has ended after Ottawa imposed binding arbitration but cargo piled in loading yards could take a few weeks to sort out, officials said. Workers at Canadian National…
Teck Coal fined $221,000 for unauthorized waste disposals in BC
Teck Resources‘ (TSX: TECK.B) former coal unit has been handed fines totalling approximately $221,000 for nearly 30 cases of environmental breaches in southeastern British Columbia over a two-year period. On…
Glencore scraps coal exit plan on investors’ pressure
Glencore (LSE: GLEN) followed shareholder opposition and scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets last year from Teck Resources…
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…