British Columbia Mining News

Teck delivers surprise profit, stock surges

Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.

Enbridge to pay $61 million fine for 2010 oil spills in Michigan, Illinois

$177 million settlement announced Wednesday requires action to prevent future spills.

Pretium's gold mine in Canada ramping up to hire

The British Columbia-based firm expects to hire approximately 500 full-time employees in the near future.

Canadians spent over $32bn in mining acquisitions in first half of 2016

Overall, Canadian deal-making in the first half of the year fell in line with the global cooling down trend that has followed the record valuations of 2015.

Garibaldi launches exploration program at King Gold-Silver project in Golden Triangle

The project, close to Seabridge Gold's Iskut venture, covers several gold, silver and base metal prospects that were discovered in the late 1980's near the historic Snip mine.

Imperial Metals sues engineering companies over Mount Polley disaster

It was one of the worst environmental disasters in Canadian history, and now, the company behind the 2014 Mount Polley mine tailings breach is looking to make somebody pay.

INFOGRAPHIC: The story of the Golden Triangle in British Columbia

Billions of dollars of undiscovered gold, silver, and copper still sit within an unexplored area that was once remote. However, only now can these world-class deposits be finally tapped.

Millrock, stacking the odds for discovery

Greg Beischer and his team at Millrock Resources (MRO-V) didn't spend the depths of the bear market for exploration juniors bemoaning the awful state of things. Quite the opposite.

Plan to take company private clouds future of BC moly mine

Alloycorp Mining Inc. (TSX-V: AVT), a junior miner that has been working on the reboot of a molybdenum mine in Kitsault, is going dark.

Geoscience BC releases comprehensive guide for BC communities on development of direct-use geothermal

Geoscience BC today released its Direct-Use Geothermal Roadmap, a comprehensive guide for communities and businesses to help them evaluate and develop local geothermal energy projects to stimulate economic development and reduce greenhouse gas emissions.

Canada oil sands output to grow 1 million barrels daily by 2025

The 42%-growth to 3.4 million barrels per day by 2025 will come from the expansion of existing facilities rather than new projects, IHS says.

BC's mine minister won't run for re-election

Leaving at the "top of my game."

Decision on TransCanada's Energy East closer than ever as federal board begins review

The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.

Silver Standard finishes grabbing Claude Resources in $337 million deal

Saskatchewan has lost its only home-grown gold miner, which last year produced a record-75,748 ounces of the yellow metal.

Geoscience BC receives $5 million in new funding for mineral, water and energy earth science

Firm will launch its largest airborne magnetic survey this summer in west-central BC.

Silver Standard acquires Claude Resources in $337 million deal

With the deal, Saskatchewan loses its only home-grown gold miner.

Getting a heartbeat on British Columbia miners

PricewaterhouseCoopers LLP (PwC) has recently released their 48th annual British Columbia Mining Report.

Gold: Have your cake and eat it too

Investors love leverage.

Enbridge back in the black as oil shipments rise

Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.

BC mining industry faced another difficult year with continued downtown in commodity prices: PwC survey

Despite challenging market conditions some projects are forging ahead in the Canadian western province.

Taseko calls shareholders to vote against dissidents

Raging River Capital LP is leading a bitter proxy battle against some of the company’s key directors.

Teck Resources posts better-than-expected profit as costs drop

Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.

B.C.’s 2016 jade mining season starts on a high note

Jade mining now a $30 million industry in B.C. and local producer plans to increase production by 50% this season

Fortune Minerals announces appointment of former Minister David Ramsay to the Board of Directors

Rebuilding team for NICO development as public highway to Whati & cobalt market advance

Spill at Teck’s plant in Canada now contained, no risks to human health

The now contained spill, which happened at Teck's Trail smelting and refining plant in British Columbia, lasted for about 15-20 minutes.