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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.

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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