NovaGold says Galore Creek stake sale on track

NovaGold Resources said on Thursday it still expects to conclude a sale of its 50% stake in the Galore Creek copper project in British Columbia this year as it moves to focus exclusively on the massive Donlin gold project in Alaska. The...

NovaGold shareholders OK copper spin-out

TSX-listed NovaGold shareholders on Wednesday gave a big thumbs up to the spinout of NovaCopper, with less than 1% of them voting against the deal at a meeting in Vancouver. The deal, first announced in November, is expected to close by the end...

Teck agrees to help boost zinc fertiliser use in China

Canada’s biggest diversified miner, Teck Resources, has inked a deal with a branch of China’s Agricultural Ministry to promote using zinc as a fertiliser in the country. According to industry body the International Zinc Association, almost...

Company Announcement: NovaGold Year-End Financial Results

The fourth quarter represented, on multiple levels, a true turning point for our company. On November 16, 2011, NovaGold announced major changes to its leadership and corporate structure. I, Greg Lang, accepted the position of President and Chief...

Strong growth on the cards for resources group

Canadian resources group Teck Resources expects the company and the country to benefit from the continued growth in demand for raw materials from Asia.

Novagold begins process to sell Galore Creek stake

Canadian miner Novagold said on Wednesday it has begun the process of trying to sell its 50% stake in the Galore Creek copper-gold project in British Columbia so that it can focus fully on its flagship Donlin gold project in Alaska. The company,...

New bond issuance could pay for Teck acqusitions, S&P says

Ratings agencies on Friday fixed the ‘BBB’ score to the $1-billion in new bonds Teck Resources sold this week, with Standard & Poor's suggesting the financing flexibility the proceeds provide could go towards acquisitions. Canada’s biggest...

Fortescue up 5% on report Teck buying shares

Shares in Australia's Fortescue Metal Group rose 5% on Monday on a report Canadian metals and coal miner Teck Resources may be building a stake in Australia's third-largest iron ore producer. Talk of Teck positioning itself in Fortescue comes...

Teck taking another look at iron-ore?

The mystery C$324-million Teck Resources said on Thursday it had invested into unnamed public companies during the fourth quarter caught the curiosity of analysts, but management of the diversified miner was mum over its intentions. All CEO Don...

Trail Operations No 4 furnace project, Canada

The project will significantly increase Trail Operations’ capacity to recycle end-of-life electronic waste.

Teck names Marcia Smith as head of sustainability

Teck Resources on Monday named Marcia Smith to serve as head of sustainability and external affairs, effective as of January 1. Smith, currently vice president corporate affairs, replaces Doug Horswill, who will be retiring after 20 years in the...

Novagold shares jump on possible Galore Creek sale

Shares of Novagold rose 13.4 percent on Wednesday morning after the mining exploration company said it is exploring a possible sale of its 50 percent stake in the big Galore Creek copper/gold project in northwestern British Columbia. The...