Teck Takes Hard Line On Fording Debt
Vancouver–The harsh reality of Teck’s (TCK. B-T, TCK-n) debt burden has just become abundantly clear: the major has cancelled its annual dividend, slashed spending dramatically, and walked away from …
Teck Resources Limited
Editorial: HudBay’s baffling Lundin bid
While metal prices seem to have bottomed out in November, the week ended Nov. 22, the 47th trading week of 2008, saw several miners’ share prices get their feet knocked out from under them.
Editorial: Teck teeters, Apex falls
Falling commodity prices took deep bites out of another group of zinc miners during the week ended Nov. 15, the 46th trading week of 2008.
Early winter hits Teck’s Red Dog (November 10, 2008)
Teck (TCK. B-T, TCK-t) says that “adverse weather conditions” have forced it to send off its final container ship early and without a full load from its Red Dog zinc-lead mine in Alaska, easily the wo…
Coal cushions Teck’s third quarter (October 27, 2008)
Vancouver – For Teck (TCK.B-T, TCK-N) coal continues to be its saving grace this quarter.With demand for zinc and…
Citi cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U.S. financial crisis, slowin…
Schaft Creek twice the price for Copper Fox (September 29, 2008)
Vancouver — Copper Fox Metals (CUU-V, CPFXF-o) has both upped the size and doubled the capital cost of its Schaft Creek, copper-gold project, about 300 km north of Prince Rupert, B. C., with the rele…
Editorial: Teck, Goldcorp, find there’s no place like home
With Canadian miners running into all sorts of problems overseas dealing with greedy and at times openly hostile governments, assets back home in the Great White North are looking better each year, ev…
NovaGold sells hydro projects for $40 million
The extra $40 million that NovaGold Resources (NG-t, NG-A) will receive from selling its hydro-electric projects in…
Teck to buy Fording for US$14.1 billion
Teck Cominco (TCK.A-T, TCK.B-T, TCK-N) will benefit from more than rising metallurgical coal prices in its US$14.1-…
Mining Hall of Fame celebrates 20th anniversary
The Canadian Mining Hall of Fame marked its 20th anniversary by inducting five new members whose expertise ranged from grassroots exploration to open pit engineering, and whose work took them from the…
Nautilus takes three steps forward
Vancouver – Nautilus Minerals (NUS-V) is three steps closer to its goal of mining the sea floor off the coast of Pa…