Loading
Teck profit falls in Q1
Teck reported on Monday an 84% plunge in quarterly profit, primarily due to the effects of the covid-19 pandemic and the weak performance of its energy unit. For the first quarter, adjusted profit attributable to shareholders declined to C$94 million (C$0.17 per...
Canadian miner to invest in covid-19 vaccine
Lions Bay Mining, the Vancouver-based mineral exploration company that holds the rights to the Fish Lake project in Nevada, is switching gears in the face of the covid-19 pandemic. In a press release, the miner announced that it has entered into a non-binding letter...
Program to monitor Congo artisanal cobalt miners expanded
A scheme to monitor and improve artisanal cobalt mines in the Democratic Republic of Congo (DRC) will reach four times the number of sites it currently covers by 2023 after a deal was announced between RCS Global and the Responsible Minerals Initiative (RMI). Cobalt,...
BHP flags delay at Spence copper mine expansion
BHP is expecting delays at the ongoing $2.5 billion expansion of its Spence copper mine in Chile, as measures taken to stop the spread of covid-19 has resulted in layoffs. Delivering results for the nine months to the end of March, the world’s biggest miner said the...