Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and…
Teck Resources
Site visit: Fireweed Zinc rebrands in pivot to the broader critical metals market
Yukon-focused explorer Fireweed Zinc (TSXV: FWZ; US-OTCQB: FWEDF) has rebranded as Fireweed Metals to reflect its metamorphosis into a critical minerals-focused company. The name change follows its early June acquisition…
Quebrada Blanca 2: Teck’s ‘first big piece’ to realign its energy goals
With the aim of rebalancing its portfolio towards metals needed for the world’s energy transition, Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) will look to finish building its biggest ever project,…
Blockade halts Southern Copper’s Cuajone mine in Peru
Operations at Southern Copper’s Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company’s access to a water reservoir and other key supplies,…
RANKED: World’s top 10 copper mining projects – 2022
Copper, often called the bellwether metal as a barometer of global economic health, is a metal vital to the green energy transition. Demand has been growing for the red metal,…
Teck Resources’ QB2 to cost up to US$500M more than planned
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, tumbled on Friday after it warned that Covid-19-related costs of its massive Quebrada Blanca Phase 2 (QB2) expansion…
Teck to trial Jetti Resources copper catalyst
Canada’s largest diversified miner Teck Resources (TSX: TECK.B; Nasdaq: TECK) has started trialling Jetti Resources’ proprietary chemical catalyst at its copper assets. The technology is said to have the potential…
Labour shortage threatens to put mining industry on shaky ground
Major Drilling Group International (TSX: MDI) had an early Christmas present for investors in December. The specialized drilling services company reported a 50% increase in revenue in the second quarter…
TSX rises, Dec. 6-10
The S&P/TSX Composite Index climbed 1.25% or 257.3 points to finish the Dec. 6-10 trading week at 20,890.60 points. The S&P/TSX Global Mining Index rose 1.62% to 98.52 and the…
Mining companies assess damage as B.C. recovers from floods
As officials assess the damage caused by heavy rain, flooding and mudslides in Canada’s British Columbia last month, mining companies have started gauging how severe climatic conditions this year have…
Feds, BC government launch climate resilience committee in wake of devastating floods
The federal and B.C. governments have formed a new committee to address climate resilience in British Columbia following the devastating flooding, mudslides, and damage to highways and rail infrastructure in…
Flooding disrupts Teck logistics
Canada’s largest diversified miner Teck Resources (TSX: TECK.A; TSX: TECK.B; NYSE: TECK), says the unprecedented rain and flooding in British Columbia has disrupted the supply chain between west coast terminals…