TSX rises 3.8% over June 26-30 trading week
Over the June 26-30 trading period, the S&P/TSX Composite Index advanced 737.06 points or 3.8% to 20,155.29. The S&P/TSX Global Mining Index rose 2.01 points or 1.93% to 106.16 and…
Teck Resources
Glencore bids for Teck Resources coal unit
Glencore (LSE: GLEN) confirmed on Monday it had approached Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) with a proposal to buy the Canadian miner’s steelmaking coal business, in the latest…
American indexes on the front foot during May 29-June 2 trading week
The Dow Jones Industrial Average added 580.28 points or 1.8% to 33,673.62 and the S&P 500 gained 87.7 points or 1% over the week to 4,293.13. Among the top gainers…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…
Site visit: How big can MPD get? Kodiak Copper drills to expand mineral footprint
When mineral mastermind Chris Taylor gets behind a grassroots exploration project it behooves investors to sit up and pay attention – he did after all sell an Ontario pre-resource stage…
Canadian Mining Hall of Fame looks to the future with newest inductees
The Canadian Mining Hall of Fame (CMHF) held its 35th annual induction ceremony on May 24 at the Carlu in Toronto, welcoming three new honourees, and bringing total membership up…
Ecuador, Colombia and Peru Snapshot: Eight companies pursuing copper, gold and more
While geopolitical risk in South America is growing, Ecuador, Colombia and Peru remain mineral-rich hot spots with excellent potential for new discoveries. Here are eight junior companies searching for tomorrow’s…
Chile’s mining royalty bill heads for final vote
Chile’s senate has approved an amended mining royalty bill, in the works for almost two years, passing it back to the lower chamber for a final vote expected to come…
American Eagle shares soar on Teck investment updraft
American Eagle Gold (TSX: AE; US-OTC: AMEGF) shares jumped nearly 50% on Monday on news that Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) is buying a 15% stake in the British…
BMC Minerals’ Kudz Ze Kayah polymetallic project in Yukon hangs on judge’s ruling
BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon has hit a roadblock on its permitting path amid a legal dispute with the Kaska Nation. The Vancouver-based BMC,…
Teck separation increasingly in question
Teck Resources‘ (TSX: TECK.A/TECK.B; NYSE: TECK) board has unanimously rejected the latest cash-sweetened bid Glencore (LSE: GLEN) lodged on Tuesday, resolving instead to hasten its exit from the coal business….
Teck Resources calls Glencore bid a ‘non-starter’ in restructuring push
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) urged investors on Monday to support its plan for splitting into two companies at a vote later this month, adding that Glencore’s (LSE: GLEN)…