Teck Resources Limited (TSX:TECK.A and TECK.B)(NYSE:TECK) (“Teck”) reported profit attributable to shareholders of $577 million ($1.00 per share) in the second quarter compared with $15 million ($0.03 per share) a year ago.
“I’m pleased with our results,” said Don Lindsay, President and CEO. “We generated adjusted EBITDA of $1.3 billion in
Lead is one of the world’s most recycled metals, and many companies that manufacture lead-acid batteries also run recycling programs.
Silver mine production fell by about 2 percent in 2016 and could decline even more this year. Here’s what investors need to know.
TORONTO, ONTARIO–(Marketwired – Sept. 13, 2016) – Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) (“Americas Silver” or the “Company”) is pleased to announce that it has received approval from its Board of Directors, to begin construction on its 100% owned, San Rafael zinc-lead-silver project within the Cosalá district of Sinaloa, Mexico.
The San Rafael
TORONTO, ONTARIO–(Marketwired – Sept. 6, 2016) – Kombat Copper Inc. (TSXV:KBT) (“Kombat Copper” or the “Company”) today announces that it intends to carry out further drilling at its Kombat Mine in Namibia in order to continue expanding its resource base to further support near term development. Also, as previously disclosed
LeadFX (TSX:LFX) reported its fourth quarter and full year results for 2015 on Wednesday, reporting a net loss of $12.9 million for the year and $1.7 million for the fourth quarter. The company is currently in discussions with a number of interested parties regarding potential financing options for LeadFX including
A number of panelists surveyed recently by FocusEconomics said they expect gradual increases in lead prices over the course of 2016.
Trevali Mining Corporation (TSX:TV) announced a November mine and mill commissioning update for its Caribou Zinc Mine in the Bathurst Mining Camp of northern New Brunswick.
That’s about one-third of the company’s yearly zinc production. It will also reduce its lead output by 100,000 tonnes.
Reporting on zinc and lead prices, Reuters’ Andy Home states that lead has recently re-established a premium over zinc for the first time since June 2014. He notes that the “collapsing zinc premium over lead” largely reflects “collapsing sentiment” towards zinc.
Canadian Zinc recently completed a 21-hole drill program at its Prairie Creek project. One goal of the program was to convert a portion of the inferred mineral resource to the indicated category.
Trevali Mining Corporation (TSXV:TV,OTCMKTS:TREVF) announced its first quarter 2015 financial results, which showed a net loss of $2.8 million or $0.01 per share, partially due to non-recurring items. The company’s Santander mine’s operational income for the quarter was $2.2 million on concentrate sales revenue of $25.9 million. It also announced
Ivernia Inc. (TSX:IVW) announced its results for Q4 2014, as well as the year as a whole, noting that during the fourth quarter it recorded a net loss of $101.2 million, up significantly from $16.9 million in the year-ago period.