Low coal prices cut into Teck’s profits
VANCOUVER — Teck Resources’ (TSX: TCK.B; NYSE: TCK) second quarter profit fell to $72 million, down more than 70% compared to the same quarter last year because of low metallurgical coal prices.
Teck Resources Limited
David Jones talks Guerrero discoveries, Minaurum play
VANCOUVER — When it comes to Mexico’s emerging Guerrero gold belt, there aren’t many geologists with as much experience in the region as David Jones, who first set boots in the area with Teck Resources (TSX: TCK.B; NYSE:…
Another Turkish porphyry for Pilot and Teck
VANCOUVER — With its first hole into a new target, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has found a copper–gold porphyry at its TV Tower project in Turkey, reinforcing the district-scale potential of the large land package.
Fort Hills a ‘sweet spot’ for Teck
The Fort Hills oilsands project remains Teck Resources’ (TSX: TCK.B; NYSE: TCK) main growth project, Andrew Golding, the company’s senior vice-president of corporate development, said during the 2014 Global Metals, Mining and Steel…
Total suspends $11B Joslyn oilsands project
In November 2013, Total E&P Canada submitted applications to the relevant regulatory agencies in Alberta to increase the mine pit size and boost production capacity to 157,000 barrels a day at its Joslyn North mine project, 65 km northwest…
Zazu, Teck ready Lik in Alaska for coming zinc boom
In April, CRU analyst Helen O’Cleary forecast that enormous deficits of zinc will emerge in 2017 and 2018.
Altan CEO gets creative to finance greenfield exploration
VANCOUVER — It has been a lean two years for mineral explorers, and Evan Jones has seen just how tough capital markets have been on juniors, having guided sister companies Altan Rio Minerals (TSXV: AMO) and Altan Nevada Minerals (TSXV:…
PDAC honours six industry leaders
The Prospectors & Developers Association of Canada (PDAC) held its annual awards gala during the PDAC 2014 convention in Toronto earlier this month. Six exemplars of excellence in the industry were recognized. The award recipients are…
Zinc’s price set to rise, analysts say
Patricia Mohr, vice-president of economics and a commodity market specialist at Scotiabank, believes zinc “will be the next big base-metal play for investors.” She forecasts prices will average US94¢ per lb. in 2014 —…
Low commodity prices bite into Teck’s bottom line
Teck Resources (TSX: TCK.B; NYSE: TCK) saw its adjusted fourth-quarter and full-year profit both fall 44.5%, as lower commodity prices overshadowed strong production.
TSX posts strong numbers, Feb. 10-14
Upbeat trade numbers from China showing that import growth reached a six-month high in January helped ease worries about emerging markets and pushed up oil prices. Investors were also relieved when the U.S. Congress approved an increase in the…
Pilot Gold uncovers porphyry potential at TV Tower
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.