The wrong coal mix tanks shares in Teck Resources, Canada's largest diversified miner.
Teck Resources Mining News
Teck expects larger proportion of coal sales in fourth quarter to be non-premium, reducing average realized price to about 85 percent of benchmark prices.
CEO Patrick Pouyanne said the company’s priority was "value over volume", adding that oil sands were among the high breakeven projects in Total's portfolio.
Is the industrial metals and steelmaking raw materials rally at en end?
The threat of a strike at one of British Columbia's biggest mines is no longer hanging over employees and management.
Thibaut Lepouttre of Caesars Report profiles the newest company trying to define a multimillion-ounce gold deposit in British Columbia.
After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.
Contract treatment charges – an indicator market tightness – fall by most on record while inventories drop to levels last seen in 2008.
Report says $1.2B hydro sale could provide Vancouver-based company the cash cushion to decide on 270,000 tonnes a year Chile copper mine expansion.
The Lewis project would be located about 25 km northeast of Fort McMurray and could eventually produce up to 160,000 barrels a day.
The Frontier project is located 110 kilometres north of Fort McMurray, in Alberta, around 40 kilometres from the Fort McKay First Nation's reserve.
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.
Vancouver company pays $65 million cash for a 4% stream on El Morro deposit, half of NuevoUnion, its joint venture with Teck.
Chile closes ports servicing some of the world's biggest copper mines due to rough seas while Escondida strike looms.
Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project
The mining giant, North America's largest producer of steel-making coal, has raised its production forecast for the year.
Prices above $200 a tonne are suddenly making companies that mine the steel-making commodity more unattractive.
Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.
Watchdog worried about sovereignty issues in the country’s resource sector.
The project, renamed NuevaUnion, would be one of the largest copper-gold-molybdenum mines ever-developed in Latin America.
Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.
The company's shares have almost tripled this year, making it the best-performing global miner amid the rebound in commodity prices and a projected fivefold improvement in earnings.
Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.
The now contained spill, which happened at Teck's Trail smelting and refining plant in British Columbia, lasted for about 15-20 minutes.