Altius Minerals Corp. expects to report record attributable quarterly royalty revenue of approximately CAN$21.9 million for 4Q20 ended 31 December 2020.
The Ktunaxa Nation and Teck Resources Ltd have announced the signing of a joint management agreement for more than 7000 ha. of land purchased by Teck in 2013 for conservation.
In response to recent positive cases of COVID-19 at two steelmaking coal operations and a construction project in the Elk Valley of British Columbia, Teck has implemented enhanced response protocols and preventative measures to safeguard workers and local communities.
Teck Resources Ltd has announced that it has increased its steelmaking coal sales to China for 4Q20 in response to increased demand.
Teck Resources Ltd has announced it has signed a non-binding term sheet reflecting an agreement in principle with Westshore Terminals Ltd Partnership on proposed terms for the shipment of steelmaking coal.
The National Mining Association (NMA) has recently recognised Usibelli Coal Mine for its CORESafety® certification.
Altius Minerals Corp. has reported that it has entered into an agreement with Liberty Metals & Mining Holdings LLC to acquire its 44.9% interest in certain royalty based limited partnerships, of which Altius acts as general partner.
Glencore continues to engage with the relevant authorities, unions and other stakeholders regarding the steps being taken to minimise the impact of COVID-19 on its operations.
Canada’s Prime Minister, Justin Trudeau, has announced the government’s wage subsidy which The Mining Association of Canada believes will help provide support to Canada’s mining industry.
As a result of separate actions by the Premier of Quebec and the President of South Africa to contain the spread of COVID-19, Rio Tinto has decided to slow down some of its operations.