Teck posts lower Q1 earnings, slashes dividend
Teck Resources (TSX: TCK.B; NYSE:TCK) cut its semiannual dividend and posted lower-than-expected first-quarter earnings, as the slump in commodity prices continued.
Teck Resources Limited
Imperial opens Red Chris in BC
VANCOUVER — Imperial Metals (TSX: III; US-OTC: IPMLF) celebrated the first production of copper concentrate on Feb. 17 at its newly built Red Chris copper-gold mine, 80 km south of Dease Lake in northwestern B.C.
Majors fight to maintain dividends
VANCOUVER — It’s been a delicate balancing act for miners over the past few years trying to return money to shareholders while keeping a consistent growth profile.
Teck, Pilot think small to boost Halilaga economics
VANCOUVER — Partners Teck Resources (TSX.B: TCK; NYSE: TCK) and Pilot Gold (TSX: PLG; US-OTC: PLGTF) have taken a more modest approach to mine development in revising the 2012 preliminary economic assessment (PEA) for their Halilaga…
Midas prepares for permitting odyssey at Stibnite in Idaho
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…
Trevali, Teck and Vedanta well-positioned for coming zinc revival
With all the talk of improving fundamentals for zinc, Trevali Mining (TSX: TV; US-OTC: TREVF) may soon find itself in a sweet spot.
Copper miners hold up under BMO forecast
Copper prices have dipped below US$3 per lb. several times this year — in March, briefly in October, and then in November — for the first time since mid-2010.
Met coal producers prepare for long price weakness
The benchmark price for metallurgical coal has dropped to a multi-year low of US$119 per tonne, and Moody’s Investors Service doesn’t see much relief for met coal producers until the second half of 2016. In the meantime, it warns,…
NRC program aims to realize ‘full potential’ of Canada’s Arctic
VANCOUVER — Natural resource development in Canada can come with unique challenges owing to isolated locales and frigid weather. But the federal government is hoping it can make life a bit easier for miners and other parties involved…
True Gold quickly develops North Kao at Karma
True Gold Mining (TSXV: TGM; US-OTC: RVREF) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation…
Integra Gold gets creative with Sigma-Lamaque
VANCOUVER — It’s not often that a junior company can get its hands on a 2,200-tonne-per-day processing facility a mere 500 metres way from its resource-stage project boundary. But that’s exactly what Integra…
Fednav sends nickel through the Northwest Passage
On Sept. 19 the MV Nunavik embarked on a historic 29-day journey from Deception Bay in Quebec’s far north to deliver 21,000 tonnes of nickel concentrate to Bayuquan, in China’s Liaoning province.