What one global operator is doing to tackle not only water management and sustainability, but the broader ideas of a reduced carbon footprint and the digital future. by Donna Schmidt With operations in North and South America, Asia, Europe, Africa and Australia, Anglo American epitomizes the truly global mining operator, primarily focused on copper, premium iron ore and crop nutrients.…
Read MoreTeck Resources has received board approval for the construction of the Highland Valley Copper mine life extension project, which will extend the mine’s life from 2028 to 2046. “This extension of Canada’s largest copper mine, Highland Valley Copper, is foundational to our strategy to double copper production by the end of the decade,” said Jonathan Price, president and CEO, noting…
Read MoreTeck Resources has received an Environmental Assessment Certificate for the proposed Highland Valley Copper Mine Life Extension project from the British Columbia government. The project would extend the life of the copper-molybdenum mine to the mid-2040s. “This positive decision by the Government of B.C. will support extending the life of Canada’s largest copper mine, strengthening the North America critical minerals…
Read MoreThe Trump administration has added 10 more U.S. mining projects to a fast-track permitting list aimed at expanding critical minerals production across the country, reported Reuters. The latest addition brings the total number of projects to 20. The projects, which would supply copper, palladium and other minerals, have been granted FAST-41 status, a federal initiative launched in 2015 to streamline…
Read MoreTeck Resources said its Red Dog Operations, the largest critical mineral mine in the United States, has been awarded the Zinc Mark in recognition of environmentally and socially responsible production practices. It is the first mining site to receive the standalone Zinc Mark from The Copper Mark. “With Red Dog being awarded the Zinc Mark, all of Teck’s managed base…
Read MoreA consortium led by Glencore agreed in November to acquire Teck Resources’ steelmaking coal unit for $9 billion, marking one of the largest deals in the mining sector, according to Reuters. Glencore will own 77% of the business in a $6.9 billion cash deal, while 20% will go to Japan’s Nippon Steel Corp., which already holds a 2.5% stake. South…
Read MoreCoal, copper and zinc producer Teck Resources has teamed with transport firm Norden for an agreement that will reduce CO2 emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 tonnes of CO2. The latter will achieve emission reductions with a range of…
Read MoreIndia’s biggest steel producer JSW Steel intends to bid for a 20-40% stake in Elk Valley Resources Ltd., the metallurgical coal unit of Canadian-based Teck Resources, reported Bloomberg News. Chairman Sajjan Jindal said JSW, along with some Japanese and South Korean mills, could offer a combined $8 billion for a stake in the asset. He told Bloomberg that Teck produced…
Read More
Canadian-based Teck Resources said it is still evaluating offers for its steelmaking coal operations as the miner seeks to separate its coal and base metals businesses, reported Bloomberg.
Read MoreTeck has confirmed that it is in receipt of “a number of inbound indications of interest” from potential buyers for the planned sale of its steel coal business arm. Teck, which is seeking to separate its coal division from its base metals division, did not identify any of the involved parties but said it and its board, as well as…
Read More