CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210…
Teck Resources
Top 10: Agnico, Barrick lead list of Canada miners
Agnico Eagle Mines (TSX, NYSE: NEM) leads the list of Canadian miners by market value at $79.5 billion (C$112.8 billion). Agnico runs the country’s largest mines by output: Canadian…
Anglo execs take top jobs in $53B Teck merger
Anglo American (LSE: AAL) executives will hold three of Anglo Teck’s four top jobs after the $53-billion all-share merger with Teck Resources (TSX: TECK.A, TECK.B;…
AbraSilver raises $45M for Diablillos in Argentina
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) is raising $45 million (US$32 million) through a bought-deal share offering to fund early works at its Diablillos silver-gold…
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders…
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which…
Ottawa invests up to $400M in Teck’s Trail plant for germanium output
Canada’s federal government is investing a potential $400 million as part of an $850-million total investment in Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) Trail…
Mine operators face worsening wildfire seasons
With drought conditions persisting across parts of British Columbia and forecasters calling for a warmer-than-average summer amid a looming El Niño, mining companies are preparing for…
Ottawa’s $500M Red Chris bet tests BC grid
Ottawa’s $500-million (US$352 million) contribution to Newmont’s (NYSE, ASX: NEM; TSX: NGT) proposed Red Chris Block Cave has turned British Columbia’s northern power shortage into…
South32 sells aluminum businesses to Alcoa for $5.6B
Australia’s South32 (ASX: S32) has agreed to sell nearly its entire aluminum portfolio to Alcoa (NYSE: AA; ASX: AAI) in a deal valued at up…
Mining influencers take industry’s image battle to TikTok
As the mining industry asks how it can defend its reputation amid a critical and activist-oriented narrative prevailing in the West, young people in mining are taking it upon themselves to counter that narrative using…
Canterra expands Lundberg target at Buchans copper-zinc project
Drilling at Canterra Minerals’ (TSXV: CTM; US-OTC: CTMCF) past-producing Buchans polymetallic project in Newfoundland showed copper-rich continuity across the Lundberg target and confirmed a high-grade…