Duck Pond Mine, Canada

A copper/zinc mine, situated in Canada

Diamond Fields and David Heydon team up to explore seafloor deposits

Vancouver-based Diamond Fields International (DFI) said on Wednesday that it had entered into an agreement with DeepGreen Resources and its chairperson, David Heydon, to jointly develop non-diamond marine deposits. DFI CEO Wayne Malouf said that...

Teck expects '09 coal sales will be at 'upper end' of guidance

Vancouver-based Teck Resources expects coal sales this year will be at the upper end of its previous 18-million to 20-million ton forecast, after wrapping up contract negotiations with more than 80% of its traditional customers, the group said...

Teck in talks to sell coal stake, eyes Chinese steel consolidation

Vancouver-based diversified miner Teck Resources is in “active discussions” with potential buyers, including from Asia, for a 20% stake in its coal mining assets, a senior executive said on Thursday. “The sale of this interest would be...

Ron Hochstein named new Denison CEO

Canadian uranium producer Denison Mines has named COO Ron Hochstein as president and CEO, and Dr James Gill as chairperson of the board, it announced on Wednesday. Denison has uranium mining assets in the US and Canada, as well as exploration...

Galore Creek copper/gold project, Canada

The project will involve the construction of a high-tonnage openpit operation producing a high-quality precious-metal-rich copper concentrate.

Teck gets room to breathe, debt still number 1 priority

Canadian miner Teck Cominco has bought itself some time on at least $4,4-billion of loan payments that were due this year, but management's efforts remain squarely focused on reducing the firm's debt and especially refinancing what remains of a...

Teck sells Kinross shares for $101m

Vancouver-based Teck Cominco has sold about 5,6-million shares that it owned in Kinross Gold for about $101-million, the firm reported on Wednesday. Teck acquired the shares in January when it sold its 60% interest in the Lobo Marte gold...

Daily podcast – February 23, 2009

In today's podcast: African Rainbow Minerals triples its headline earnings; and the main shaft headgear section at Gold Fields' Kloof mine, in Carlentonville, remains closed after a worker fell to his death on Saturday.

Teck Cominco swings to Q4 loss on charges, lower prices

Despite difficult economic conditions, diversified Candian miner Teck Cominco’s operations had continued to perform during the fourth quarter of the year. CEO Don Lindsay reported on Monday that the company's operations had generated...

Canadian mining sector gears up for the big chill

From Vancouver in the west to the Maritimes in the east and far up into the icy extremities of the territories, Canada, like South Africa, can trace much of its economic development and identity to the roller-coaster businesses of exploration and...

Canadian mining sector gears up for the big chill

From Vancouver in the west to the Maritimes in the east and far up into the icy extremities of the territories, Canada, like South Africa can trace much of its economic development and identity to the roller-coaster businesses of exploration and...