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Waterton steps up efforts to oust Hudbay Minerals’ CEO, board

Toronto-based private-equity firm Waterton Global Resource Management is pushing for an overhaul Hudbay Minerals’ board and the exit of the current chief executive, Alan Hair, over alleged “mismanagement.”

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Barrick posts $1.2-billion quarterly loss, sees cost rising this year

Company pinned the cost increases partly on mining ending at its low-cost Cortez Hills open pit in Nevada in the first half of the year, but noted it expected to reverse the trend over the next two to three years.

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Teck misses Q4 profit estimates on lower copper, zinc and oil prices

Canada’s largest diversified miner saw its quarterly profit drop 41.5 % from the year earlier, amid lower prices for copper, zinc and oil.

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Trilogy Metals, South32 increase exploration budget for Alaska projects

Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects, located along the Ambler volcanogenic massive sulphide (VMS) belt.

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