May 7, 2024

Ivanhoe defends Oyu Tolgoi agreement

VANCOUVER - Ivanhoe Mines (TSX:IVN) is defending the investment agreement for its Oyu Tolgoi project in Mongolia as a fair and legally binding contract.The Canadian mining company says the deal complies fully with all Mongolian laws and was negotiated in accordance with all resolutions issued by the Mongolian parliament.The comments come as the … [Read more...]

Premier has questions about claim that documents detailing cancellation of sponsorship agreement don’t exist

Saying ratepayers deserve to know, Premier Christy Clark admits she has questions about claims BC Ferries does not have records documenting the now cancelled advertising agreement with the Vancouver Canucks. "Ferry users want to know that BC Ferries is providing all of the information that they can in a very up front manner, about what costs … [Read more...]

Teck, Ridley reach coal agreement

VANCOUVER - Teck Resources Ltd. (TSX:TCK.B) and Ridley Terminals have reached a 10-year agreement for the shipment of steelmaking coal from Teck's mines in British Columbia.The new agreement contemplates Teck shipping 2.5 million tonnes of coal per year throughout the contract period, which will run from Jan. 1, 2015 to Dec. 31, 2024. Teck has the … [Read more...]