Teck’s Elk Valley cleanup could cost $4.7B, says environmental group
A report found that the amount set aside by Teck is inadequate to mitigate selenium contamination.
Teck Resources
BMC’s project in Yukon can proceed after talks help address Indigenous doubts, governments say
A government body’s decision re-opens a path to permitting for BMC Minerals’ Kudz Ze Kayah (KZK) zinc-lead-copper project in the Yukon, following consultations between governments and Indigenous authorities. The…
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…
JV Article: MSALABS probes global expansion after Swedish mega-find
When Swedish state-owned miner LKAB discovered the world’s largest rare earth metal deposit in 2022, MSALABS was there to give its stamp of approval. But at first technicians were astounded…
Video: Fireweed Metals prepares Macmillan Pass resource update
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) is planning a resource update by June on its Macmillan Pass zinc-lead-silver project in the Yukon, chief geologist Jack Milton says. The company, backed the Lundin family and Teck…
Bank of Montreal axes homophobic mining bankers
The Bank of Montreal fired four of its mining investment bankers last week because of verbal attacks on a colleague, The Globe and Mail reported on Thursday. The bank conducted…
Energy metals snapshot: Eight companies hunting for green technology metals
Green metals are critical to new decarbonization technologies including lithium-ion batteries, electric and hybrid vehicles, while rising demand for nuclear energy projects is spurring the increase in uranium prices. Here…
Teck inks JV deals with AbraSilver and Condor Resources in South America
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) will be part of two new copper-gold joint venture projects in South America, its partners announced on Tuesday. In Argentina, a Teck subsidiary has…
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
Solaris taps US$80M Orion financing to advance Warintza copper project in Ecuador
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has secured US$80 million in funding from Orion Mine Finance Management for the Warintza copper-gold project in Ecuador. The deal is made up of US$60…
Arras, Teck join forces in hunt for critical minerals in Kazakhstan
Arras Minerals (TSXV: ARK) announced Thursday that it has formed a strategic alliance with Teck Resources (TSX: TECK.A, TECK.B) to explore for critical minerals within Arras’ land package in Pavlodar,…
Teck sells coal assets to Glencore, steelmakers for US$8.9B to focus on copper
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14. Under the deal, which still must…