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Market: TSX
Sector: General Mining
Epic: TSX:TCK
News: Latest news
Web Site: Teck Resources
Other Articles: 22-04-201006-04-201009-02-2010

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Teck Resources

Teck Resources

Teck Resources (formerly Teck Cominco) is Canada’s largest diversified mining, mineral processing and metallurgical company. The company produces significant quantities of copper, metallurgical coal and zinc, and is a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets.

The Company owns, or has interests in, 16 operating mines in Canada, the USA, Chile and Peru, as well as one metallurgical complex in Canada. The Company is actively exploring in over 15 countries throughout the Americas, Asia Pacific, Europe and Africa.

Wednesday, September 30, 2009

Teck options Stratex International's Hasancelebi Gold Project in Turkey

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Hanson Westhouse issued a note on Stratex International PLC (AIM: STI), following this week’s news of an option/joint venture agreement with Teck Resources Ltd’s (TSX, NYSE: TCK) Turkish unit to advance the Hasancelebi  gold project.

The broker said this move, despite Teck selling assets elsewhere to reduce its debt, including a number of projects in Turkey, provides a clear indication of Teck’s strong belief in Hasançelebi.

Stratex is now very well positioned with several projects in development at minimal cost to itself, a strong cash balance and a memorandum of understanding with Turkish joint venture partner NTF Insaat Ticaret aiming to produce gold from the Inlice and Altintepe projects within the next 18 months, it said.

“Based on this and our revised valuation of 8.5p, which represents a substantial premium to the current share price, we maintain our BUY recommendation on Stratex,” the broker added.

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