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Teck Resources announces sweeping executive changes

Teck Resources Ltd announced sweeping changes in its senior ranks on Tuesday, including the retirement of its chief operating officer.

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Grande Cache Coal closes mine, lays off 220 employees

The closure of the Grande Cache Coal mine is devastating news for the community, the town’s mayor says.

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Anglo American to axe 53,000 jobs, put 15 assets up for sale

Anglo American (LON:AAL) announced Friday it lost $3 billion during the first half of 2015 and that it would cut 53,000 jobs in the coming years, as a deep rout in commodity prices continue to add strain to battered miners everywhere.

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Teck credit rating at risk due to poor commodity price

“…our credit ratings are recently put on negative outlooks by S&P and Moody’s due to the current economic environment,” said Ron Millos, Teck CFO. “Our investment grade credit ratings continue to be a priority for us.

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Coal slump hits Teck’s profit, output forecast

21% drop in quarterly profit and cut its 2015 coal production forecast due to falling demand from China and increased supply from Australia.

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Indian miner to expand operations at Rio’s former Mozambique coal assets

“We hope that in five years, the infrastructure will also improve. That’s a big hope,” Jha toldReuters.

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Norway’s sovereign wealth fund should stop investing in coal, government says

Norway’s parliamentary parties have agreed that the country’s $900 billion sovereign wealth fund should stop investing in coal companies because of their impact on climate change.

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Teck’s Don Lindsay: Mining, Metals & the markets: Part One

BNN commentator Andrew McCreath speaks with Don Lindsay, President & CEO, Teck Resources about falling commodity prices, the impact on his business and the industry.

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Up to 250 workers at Grande Cache coal mine face layoffs

Hundreds of employees at Grande Cache Coal in western Alberta are facing layoffs.

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2014 a gruelling year for B.C. miners

How bad was 2014 for Vancouver-based mining companies? With coal prices stumbling along at 52-week lows, even the lumps in the stocking were a stinking money-loser.

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