Editorial: Sinking in a sea of red
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million…
Teck Resources
Copper price meltdown sinks mining stocks
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and…
Teck decision to cancel Frontier rattles investor confidence, critics say
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor…
Teck walks away from Frontier oil sands project
Teck Resources (TSX: TECK.B; NYSE:TCK) has officially withdrawn its application to build the C$20.6-billion (US$15.7 billion) Frontier oil sands mine, just days before the Canadian…
Skeena envisions high-grade open pit at Eskay Creek
Eskay Creek in British Columbia’s Golden Triangle was at one time the world’s highest-grade gold mine before Barrick Gold (TSX: ABX; NYSE: GOLD) finally shut…
TSX ends in positive territory, Feb. 18-22: Teck, Torex, Osisko Gold Royalties
The S&P/TSX Composite Index rose 1.10% to finish the trading week at 16,013. The S&P/TSX Global Mining Index increased 3.40% to 75.49, while the S&P/TSX…
Horizonte completes feasibility on Araguaia nickel project in Brazil
Araguaia, one of the largest undeveloped ferro-nickel projects in the world, could produce about 52,000 tonnes of ferronickel a year over a mine life of…
Newmont buys 50% stake in Galore Creek from NovaGold
Newmont Mining (NYSE: NEM) has acquired NovaGold Resources’ (TSX: NG; NYSE-AM: NG) 50% stake in the Galore Creek copper-gold project in B.C. for staged payments…
Barrick takes strategic stake in Midas Gold
In the latest of a series of strategic investments in junior mining companies, Barrick Gold (TSX: ABX; NYSE: ABX) is acquiring a 19.9% stake in…
Connemara completes maiden zinc resource in Ireland
The Republic of Ireland is one of the largest zinc producers in Europe and its base metal deposits have drawn some of the biggest names…
Group Eleven drills for zinc in Ireland
Newly public Group Eleven Resources (TSXV: ZNG) has started drilling its 60%-owned Ballinalack zinc property, 50 km west of Boliden’s (STO: BOL; US-OTC: BDNNF) Navan…
TSX posts modest gains, March 5-9
Canada’s benchmark index rose 1.25% to 5,577.81 during a largely stagnant trading week. The S&P/TSX Global Mining Index fell 0.35% to 70.33 and the S&P/TSX…