Teck Resources Limited

Placer’s Cristinas deal stirs up controversy

Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…


Hedging lifts Aur’s bottom line

Steady production and beneficial hedging allowed Aur Resouces (AUR-T) to pocket a tidy US$8-million profit during the second quarter.Aur’s share of combined second-quarter production from the Quebrada…


Teck’s profit hit by lower prices

A sharp drop in the price of power, combined with downward-spiraling metal prices, had a negative impact on Teck’s (TEK-T) second-quarter results.The company, which, as a result of its recent merger w…


Shareholders OK merger

Minority shareholders of Cominco (CLT-T) have voted overwhelmingly in favour of the company’s planned merger with parent Teck (TEK-T), and the British Columbia Supreme Court has approved the merger’s …


Placer Dome shuffles off Las Cristinas to Vannessa

While gold prices sat in a listless, US$265-per-oz. funk during the July 11-17 report period, there was a flurry of news from Canada’s biggest gold miners.Placer Dome announced an eleventh-hour deal t…


Barrick at work in Alaska

Vancouver — Mining titan Barrick Gold (ABX-T) has kicked off a $600,000 exploration program on the California and Surf properties, held jointly by Rimfire Minerals (RFM-V) and Western Keltic Mines…


Teck, Mansfield persevere at Rio Grande

Vancouver-based junior Mansfield Minerals (MDR-V) is encouraged by results from the first round of drilling on the Rio Grande iron oxide-copper-gold prospect in northwestern Argentina. The program has…


Rio Grande shows copper

Vancouver-based junior Mansfield Minerals (MDR-V) is encouraged by results from the first round of drilling on the Rio Grande iron oxide-copper-gold prospect in northwestern Argentina. The program has…


More gold at Intidougou

Drilling by Orezone Resources (ORZ-T) and its Australian partner, Delta Gold, has intersected more near-surface gold at the Intidougou project in Burkina Faso.The partners sank 15 reverse-circulation…


Teck eyes Kantela, Shea

Teck (TEK-T) is funding an exploration program at Orezone Resources’ (ORZ-T) Kantela gold property in Mali.The major can earn 60% interests in the Kantela and Shea gold properties (the latter is in Gh…


Cambior finally back on even keel

It’s been a turbulent year and half, but Cambior (CBJ-T) seems finally to have settled into a familiar pattern of gold production and respectable quarterly reports.Gold production attributable to the …


Major funds search for PGMs

Teck (TEK-T) has completed a $250,000 flow-through financing in each of East West Resource (EWR-V) and Canadian Golden Dragon Resources (CGG-V) and reached a deal with the pair to explore eight…


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