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(615) stories found containing 'Teck Resources'


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  • Thick veins of gold running through core from drilling the Brucejack Mine.

    Newmont makes transitional acquisition

    Shane Lasley, Data Mine North|Updated Feb 22, 2024

    With the roughly $19 billion buyout of Newcrest Mining Ltd., Newmont Corp. has added two operating mines to its already impressive portfolio of gold and copper assets in the Golden Triangle region of Northern British Columbia. "By combining the two existing Newcrest operations, Brucejack and Red Chris, with Newmont's Saddle North and Galore Creek projects, a Tier 1 district in the highly prospective Golden Triangle region of British Columbia will be created – a district in w...

  • Loaded mining haul truck with a bed painted to honor the Tahltan Nation.

    Golden Triangle of Northern BC ESG mining

    Shane Lasley, Data Mine North|Updated Feb 20, 2024

    Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens...

  • A drill on the slopes of Galore Creek Mining Corp.'s Galore Creek project.

    Teck explores future after takeover bid

    Shane Lasley, Data Mine North|Updated Feb 8, 2024

    Teck Resources Ltd. went into 2023 with a strategy to better position for the energy transition by spinning its steelmaking coal unit into the newly formed Elk Valley Resources, and advancing its copper- and zinc-forward metals assets under a rebranded Teck Metals Ltd. This proposed reorganization, however, was stymied by an aggressive takeover bid by Glencore that wanted to incorporate Teck's coal and metals assets into its own reorganization plans. While Teck fended off...

  • A train passes along a river and fireweed on the White Pass and Yukon Route.

    Forging a Golden Arc mining alliance

    Shane Lasley, Mining News|Updated Jan 25, 2024

    Is it time for BC, Yukon, Alaska to forge an alliance to unlock critical mineral wealth, usher in new era of prosperity in the 21st century? The extremely mineral-rich geology that sweeps in a roughly 1,500-mile (2,600 kilometers) arc from the southern tip of British Columbia's Golden Triangle, through the Yukon, and onward to Alaska's west coast does not recognize the borders it spans. Likewise, the opportunities and challenges related to unlocking the precious, industrial, a...

  • Osisko crew working on a drill pad in Northwest Territories.

    Osisko forms Pine Point Mining Limited JV

    A.J. Roan, Data Mine North|Updated Jan 17, 2024

    Reorganizing under a new joint venture with a London-based private equity group, Osisko Metals Inc. now has the funds to advance the historic Pine Point zinc-lead mine project in Northwest Territories to "shovel-ready" status. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a 24-year span...

  • Canada, Tahltan Nation, and Australia flag trucks at mine in Northern BC.

    M&A activity reshapes North of 60 mining

    Shane Lasley, Data Mine North|Updated Jan 17, 2024

    From neighboring gold explorers merging to create a district-scale project that will likely be attractive to majors, to Glencore making an aggressive bid to buyout Teck Resources Ltd., 2023 was a year of North of 60 mergers, acquisitions, and attempts at takeovers. The multi-billion-dollar M&A frenzy across Alaska and Canada's North was underscored by B2Gold's roughly C$1.1 billion (US$820 million) acquisition of Sabina Gold & Silver Corp. and the Back River Gold Mine project...

  • Map showing gold, silver, copper, and molybdenum properties near Kitsault, BC.

    Dolly Varden cuts Big Bulk copper deal

    Shane Lasley, Mining News|Updated Dec 31, 2023

    Dolly Varden Silver Corp. Dec. 20 announced that it has entered into a deal to consolidate ownership of Big Bulk, a porphyry copper-gold project about 10 kilometers (six miles) east of the company's Kitsault Valley gold-silver project at the southern tip of British Columbia's Golden Triangle. Big Bulk, which covers what is interpreted to be the northernmost of a string of several porphyry mineralized systems that extend 30 kilometers (19 miles) south to New Moly LLC's...

  • Arrows point to where high-grade gold samples were collected on steep mountain.

    Nova discovers bonanza gold at Shoeshine

    Shane Lasley, Mining News|Updated Dec 1, 2023

    Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...

  • The Red Dog camp and mill facilities reflect off a pond during a summer day.

    Alaska Standard for mining energy metals

    Shane Lasley, Mining News|Updated Dec 1, 2023

    State's inaugural sustainability report details the ESG advantages of looking North to Alaska for energy transition metals. The global energy transition has steered Alaska to a critical minerals crossroad that will shape the economic future of America's Last Frontier. On the one hand, the push for low-carbon energy is expected to put a dent in the demand for petroleum, which has been Alaska's economic lifeblood for more than five decades. On the other, Alaska happens to be...

  • Chess board underlain by China and US flags representing strategic positioning.

    AMA gathering abuzz with critical minerals

    Shane Lasley, Mining News|Updated Nov 30, 2023

    From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...

  • Bands of gold-colored copper mineralization ribbon dark grey drill core.

    Newmont finalizes Newcrest acquisition

    Shane Lasley, Mining News|Updated Nov 30, 2023

    World's top gold mining company adds two Golden Triangle mines to its two large gold-copper projects in Northern BC. In a historic deal that adds to Newmont Corp.'s position as the world's largest gold producer while also substantially boosting its production of the copper needed for the energy transition, the Colorado-based mining company has completed the roughly US$19 billion buyout of Newcrest Mining Ltd. "Today marks a historic milestone in our company and the industry...

  • Neptune coal loading facility and Vancouver skyline light up the night.

    Glencore to buy Teck coal assets for $6.9B

    Shane Lasley, Mining News|Updated Nov 24, 2023

    Teck to receive a total of $8.2B for coal assets in Southern BC; cash infusion to bolster focus on clean energy metals. In a deal that finds a middle ground between the ambitions and future visions of two mining companies, Teck Resources Ltd. has agreed to sell its steelmaking coal assets in Southern British Columbia to Glencore for around US$6.9 billion. "This sale will ensure Teck is well-capitalized and able to realize value from our base metals business and deliver strong...

  • A close-up of zinc and lead mineralization from drill core at Pine Point.

    Pine Point results give lead for next year

    A.J. Roan, Mining News|Updated Nov 24, 2023

    Osisko Metals Inc. Nov. 13 announced the latest drilling results from the recently established Pine Point Mining Limited joint venture project in Northwest Territories, Canada. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a 24-year span beginning in 1964. According to the most recent...

  • Exploration camp at Pebble Mine back in 2013.

    Pebble: Origins of the enduring controversy

    A.J. Roan, Mining News|Updated Nov 2, 2023

    Navigating the tumultuous waters of controversy and impassioned discourse, let us take a step back and embark on a journey through the history of an Alaska copper project that has proven to be as divisive as it is essential. Perhaps by exploring the compelling narrative of the Pebble Mine project, where the pursuit of precious resources indispensable for a zero-carbon future intersects with the call for environmental stewardship to safeguard heritage and a very way of life,...

  • Looking toward shore from atop the barge loader at the DTMS port in Alaska.

    Equipment issues slow Red Dog zinc output

    Shane Lasley, Mining News|Updated Oct 26, 2023

    Teck Resources Ltd. Oct. 24 reported that equipment failures at Red Dog impacted third-quarter production at this world-class zinc mine in Northwest Alaska. Over the three months ending Sept. 30, Red Dog produced 124,600 metric tons (274.7 million pounds) of zinc, which is 21% lower than the 157,800 metric tons (347.9 million lb) produced during the same period of 2022. Teck attributes the drop in zinc output to a drop in the tonnage of ore fed into the mill due to equipment...

  • Osisko crew working on drill pad at Pine Point project.

    Osisko retains Pine Point has more to give

    A.J. Roan, Mining News|Updated Oct 20, 2023

    Osisko Metals Inc. Oct. 12 announced the next set of assays from its ongoing 2023 drill program at the Pine Point zinc-lead project in Northwest Territories, Canada – including results from one hole that cut 13 meters averaging 11.11% zinc, and 1.44% lead. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons o...

  • A new solar array in front of hill with golden fall foliage in BC.

    TNDC installing solar at Schaft Creek

    Shane Lasley, Mining News|Updated Oct 17, 2023

    Tahltan Nation's business arm has partnered with Solvest to install solar systems at mining project in Tahltan Territory. With the goal of advancing clean energy in Northern British Columbia and adding to its business endeavors, Tahltan Nation Development Corp. has partnered with Solvest to identify and develop renewable solar power solutions that reduce diesel consumption and carbon emissions within the traditional territory of the Tahltan First Nation. "We are excited to...

  • A U.S. versus China chess board with metallic gold and silver pieces.

    China plays gallium, germanium pieces

    Shane Lasley, Data Mine North|Updated Oct 5, 2023

    As the White House continues to dole out hundreds of billions of dollars to position America as the global leader in clean energy and digital technologies, Beijing initiates a strategy to put America in check with the global economy equivalent of pawns. These pawns in the technology chess match between the U.S. and China are gallium and germanium, a pair of semiconductor metals used to make the computer chips essential to every facet of modern life. Before all the major news o...

  • Rock sample with metallic gold mineralization coated with green copper oxides.

    Bornite's germanium potential revealed

    Shane Lasley, Mining News|Updated Sep 14, 2023

    Colorado School of Mines thesis confirms that the germanium values at Bornite deposit have long been underreported. In addition to hosting 6.3 billion pounds of copper and 88 million lb of cobalt critical to the energy transition, the Bornite deposit in Alaska's Ambler Mining District may also be a significant source of the germanium essential to both clean energy and high-tech. "Germanium is an important metal with numerous applications, particularly in the manufacture of sem...

  • Thousands of boxes of historic drill core at the Pine Point zinc project in NWT.

    Drilling aims for Pine Point feasibility

    A.J. Roan, Mining News|Updated Sep 7, 2023

    Osisko Metals Inc. Sept. 5 announced initial assays from its 2023 definition drilling at the Pine Point project in Northwest Territories, Canada, as part of the joint venture with Appian Capital, which intends to upgrade resources from the inferred to the indicated category in preparation for a feasibility study. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Cominco (now Teck Resources) that produced roughly 14 billion pounds of...

  • Underground mine in an outline of Alaska on a critical minerals background.

    Alaska critical minerals take center stage

    Shane Lasley, Mining News|Updated Aug 31, 2023

    From the Pentagon's multi-million-dollar investment in Graphite One Inc. to China's restrictions on the exports of gallium and germanium, Alaska's current critical minerals supply and future potential was in the headlines and subtext of American news stories over the past month. Alaska as a future source of minerals critical to the clean energy transition grabbed headlines after the mid-July news that the U.S. Department of Defense awarded Graphite One Inc. $37.5 million to...

  • The red, white, and blue buildings at Red Dog reflect off tailings pond water.

    Power system issues slow Red Dog output

    Shane Lasley, Mining News|Updated Aug 10, 2023

    Teck Resources Ltd. July 26 reported that power system issues at Red Dog impacted second-quarter production at this world-class zinc mine in Northwest Alaska. Over the three months ending June 30, Red Dog produced 133,700 metric tons (294.8 million pounds) of zinc, which is 7% lower than the 143,800 metric tons (317 million lb) produced during the same period of 2022. Teck attributes the drop in zinc output primarily to lower zinc grades, which were expected as part of the...

  • Underground mine in an outline of Alaska on a critical minerals background.

    Alaska critical minerals summit in DC

    Shane Lasley, Mining News|Updated Jul 29, 2023

    Alaska mining and Washington policy leaders gather to discuss forging a path forward to critical minerals in US's Arctic state. Building upon the discussions and strategic ideas set in motion during the 2022 "Alaska's Minerals: A Strategic National Imperative" summit, the U.S. Department of Energy's Arctic Energy Office co-hosted a two-day summit this week to advance policy recommendations for development of critical mineral resources in the North American Arctic. For the Unit...

  • Female worker stands in front of zinc billets produced at Trail Operations.

    Teck Trail refinery gets the Zinc Mark

    Shane Lasley, Mining News|Updated Jul 20, 2023

    First stand-alone zinc processing site in the world to meet high ESG criteria for Zinc Mark certification. Teck Resources Ltd.'s Trail Operations in British Columbia is the first stand-alone zinc processing site in the world to be awarded the Zinc Mark, a certification that the facility meets high environmental, social, and governance standards. Established six months ago, Zinc Mark is an extension of the Copper Mark framework established by the International Copper...

  • A smartphone displays Newmont’s logo in front of mining company’s webpage.

    Newmont, Newcrest agree on merger deal

    Shane Lasley, Mining News|Updated Jun 1, 2023

    Merged company will hold several world-class gold, copper assets in Northern BC's Golden Triangle. In a deal that will bring together several world-class copper and gold projects in British Columbia's Golden Triangle, Newmont Corp. and Newcrest Mining Ltd. have agreed upon a merger worth A$28.8 billion (US$19.3 billion) to Newcrest shareholders. "The combination of Newmont and Newcrest represents an exceptional value proposition for shareholders and other stakeholders," said N...

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