Commodities

Teck cuts deep, puts Quintette on ice

Teck Resources Ltd. is chopping 600 jobs worldwide and suspending work on its Quintette coal project in British Columbia as the diversified miner undertakes a cost-cutting program amid low commodity prices.   Wednesday, April 23, 2014

Low commodity prices to bite into Teck earnings

Teck Resources Ltd. is experiencing tough times because its three core business units have been hit by commodity pricing slumps.About 41 per cent of the diversified miner's revenue originates from its coal operations, 32 per cent from copper and 27 per cent from zinc.   Monday, April 21, 2014

Cash crunch on the prairie

As much of last year's record crop sits unsold, financially stretched Western Canadian grain farmers are scrambling to secure funding for the coming planting season.Every spring, farmers must pay for seed, fertilizer and other goods to get on with the next cycle of crops. But that's proving difficult for many this year, amid a rail backlog that has prevented much of last year's crop from getting to market and bringing in badly needed cash.   Thursday, April 17, 2014

THE LNG RACE

On a warm evening in late February, on an island just off the coast of eastern Australia, workers started to pour the concrete roof of an enormous liquefied natural gas tank that stretches 90 metres in circumference and rises 10 storeys into the sky.   Saturday, April 12, 2014