S&P Base Metals Index Launched
Base metals investors now have a new index to follow through the S&P/TSX Global Base Metals index, launched in June by Standard & Poor’s.
Teck Resources Limited
Teck Sells 33% Of Waneta Dam For $825M
VANCOUVER — In its latest debt-reduction move, Teck (TCK. B-T, TCK-N) is selling a 33% stake in its Waneta hydroelectric dam in southeastern British Columbia to BC Hydro for $825 million.
Baja Mining Gets ICA Fluor For Boleo
Vancouver-based Baja Mining (BAJ-T, BAJFF-O) has hired ICA Fluor as the engineering, procurement and construction management (EPCM) firm for the first phase of construction at its Boleo copper-cobalt-…
WGM Signs On For UN Global Compact Policy
Mining consultant Watts, Griffis and McOuat has signed on to the United Nations Global Compact, an agreement meant to align businesses with 10 universally accepted principles encompassing human rights…
Zazu Sizes Up Zinc-Lead-Silver Deposit
VANCOUVER — Is 4.6 billion lbs. of zinc enough for you?
Suppliers News (June 08, 2009)
ABB Lands $28M Order With Terrane
Puget sees lustre in base metals
Plummeting prices and demand didn’t discourage Puget Ventures (PVS-V) president Erin Airton from forming a junior f…
Sumitomo Buys Teck’s Pogo Stake
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
Donlin Creek Costs Hit US$4.5B
VANCOUVER — NovaGold Resources (NG-T, NG-X) has been hit with another massive projected capital cost increase: an updated feasibility study for the Donlin Creek gold project in Alaska pegged developm…
Canada’s CFOs Honour Agnico’s Garofalo
Canada’s financial community came out in force to a black-tie gala in Toronto during the fifteenth trading week of the year to bestow Agnico-Eagle Mines’ David Garofalo with the title “Canada’s CFO of…
Proposed ETFs Juice PGM Market
Dovetailing with the recent rebound in base metals, platinum and palladium prices posted six-month highs during the holiday-shortened, fourteenth trading week of the year. Since New Year’s Eve, platin…
Royal Gold buys Andacollo gold royalty for US$300M
Vancouver – Teck (TCK.B-T, TCK-N) and its minority partner have agreed to sell a major share of the anticipated gol…