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Market: TSX
Sector: General Mining
Epic: TSX:TCK
News: Latest news
Web Site: Teck Resources
Other Articles: 09-02-201005-01-201030-09-2009

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Thursday March 11, 11:17Eco Animal Health Group: moves into US and China could be transformational

Aivlosin® now accounts for more than half of global sales for ECO. Sales in China during FY 2009 were more than 60% ahead of the previous year, and expectations for FY 2010 indicate similar progress.

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Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

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Tuesday March 09, 10:55Nidec Corporation adds third factory and laboratory in Dalian City, China

Nidec Corporation (NYSE:NJ), the Japan headquartered manufacturer of small-to-mid-size motors, fan motors, and pivot assemblies, is to expand its presence in China through the construction [...]

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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.

Tuesday, January 05, 2010

Teck Resources says CMA will expand operations at Antamina copper-zinc mine in Peru

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Teck Resources (TSX & NYSE: TCK) announced today that the Antamina Mine, in Peru, would undergo “a major expansion”. Teck holds a 22.5% interest in the mine, with the remainder of the project held by Compania Minera Antamina ("CMA").


The mine expansion will increase ore throughput by approximately 38% to 130,000 tonnes per day, and annual production of copper and zinc by approximately 30% on completion in late 2011.


“CMA will invest US$1.288 billion to expand its mining and processing facilities. Teck expects its share of CMA distributions to be reduced by no more than approximately US$100 million in total during 2010 and 2011 as construction progresses. Teck's share of operating profit after depreciation from Antamina for the last 12 months to September 30th, 2009 was C$231 million.”


Ore reserves at Antamina were increased by approximately 75% in 2008, which extended the mine life out to 2029.

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