BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
Teck Resources’s CEO, Don Lindsay, says the company is not considering selling its stake in the Fort Hills oil sands project.
In an interview on Business News Network, he was asked whether the company has discussed selling its 20 per cent ownership in Fort Hills.
“Not a single discussion. Not a single hint of it,” said Lindsay. “We’re building a long-term franchise.”