Teck seeks more cuts despite ‘cost reduction fatigue’
Teck Resources’ (TSX: TCK.B; NYSE: TCK) chief financial officer Ron Millos said the company intends to lower debt and improve operating costs, despite the fact that it is getting harder…
Oil
The Northern Miner podcast – episode 26: Fun with geology and camp shenanigans
Matt and Lesley round-up the week in commodities and talk about major BHP Billiton‘s (NYSE: BHP; LON: BLT) terrible financial year. Lesley digs into her recent in-depth geological piece on…
BHP tables US$6.4B loss in worst-ever year
VANCOUVER — BHP Billiton (NYSE: BHP) has posted the worst annual financial results since its inception in 2001, but CEO Andrew Mackenzie now says the “free fall” has likely passed for…
The Northern Miner podcast – episode 24: Back in action ft. Mickey Fulp
Matt and Lesley are back in action with tons of material from recent site visits and interviews following a busy July! Lesley discusses her trips to Great Panther Silver‘s (TSX: GPR;…
The Northern Miner podcast – episode 19: Brexit fallout, pipelines and retirement
Lesley and Matt reflect on Brexit and the recent run in gold prices before discussing Newmont Mining‘s (NYSE: NEM) Batu Hijau sale, Imperial Metals (TSX: III) getting the greenlight to…
The Northern Miner podcast – episode 17: Permit troubles, bidding wars, and goat brains
Lesley and Matt drill into the unexpected permit rejection of Sabina Gold and Silver’s (TSX: SBB; US-OTC: SGSVF) promising Back River gold property 400 km southwest of the community of Cambridge…
Editorial: Northern Andean economies groan as oil revenues dry up
There’s nothing quite like a fall in oil prices to expose the cracks in the economies and politics of countries highly dependent on oil exports. And such is the case…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
Editorial: Brazil’s anti-corruption drive takes out Rousseff
Brazil’s political and economic turmoil has grabbed headlines around the world, the culmination of years of top-level judicial investigations and countrywide street protests against corruption in politics. On May 12,…
TNM parent Glacier Media donates to Fort Mac
The JuneWarren-Nickle’s Energy Group (JWN) and its parent company Glacier Media (TSX: GVC) (also The Northern Miner‘s parent), are donating $50,000 toward Red Cross efforts in the wildfire-ravaged city of…
Editorial: Taking stock of the wildfires that ravaged Fort McMurray
While there are no metals, minerals or coal in the nearby ground, the city of Fort McMurray, Alberta — as ground zero of Canada’s massive oilsands industry and all the…
TSX ends in the red, May 2–6
The Toronto stock market declined during the first week of May on the back of lower commodity prices and weak economic data. Statistics Canada reported the economy lost 2,100 jobs…