Cominco Ltd



Teck’s profit hit by lower prices

A sharp drop in the price of power, combined with downward-spiraling metal prices, had a negative impact on Teck’s (TEK-T) second-quarter results.The company, which, as a result of its recent merger w…


Shareholders OK merger

Minority shareholders of Cominco (CLT-T) have voted overwhelmingly in favour of the company’s planned merger with parent Teck (TEK-T), and the British Columbia Supreme Court has approved the merger’s …


Cominco resolves strike

Denver — Striking workers have returned to work at the Cajamarquilla zinc smelter in Peru after reaching an agreement with Cominco (CLT).The company, which controls an 82% stake in the plant, north o…


Juniors test waters in British Columbia

A recent change in government is fuelling optimism and a modest revival of exploration in British Columbia. Mining executives say the government’s promises to streamline permitting procedures and impr…


Novagold takes aim at Shotgun (July 02, 2001)

Vancouver — Novagold Resources (NRI-T) has completed an agreement with Cominco (CLT-T) to earn the 52.5% it does not already own of the 1-million-oz. Shotgun gold property in southwestern Alaska.The …




Expatriate receives extension

Vancouver — Cominco (CLT-T) has granted Expatriate Resources (EXR-V) a payment extension for its purchase of the Kudz Ze Kayah deposit in the Finlayson Lake District in the Yukon.According to the ame…


Expatriate seeks extension

A US$5-million financing with Resource Capital Fund II has collapsed, leaving Expatriate Resources (EXR-V) unable to complete a $1-million payment to Cominco (CLT-T) that was due May 24.Expatriate has…


Teck, Cominco to form mining giant

Vancouver — It seemed an odd pairing in 1986 when lean, entrepreneurial Teck (TEK-T) bought its initial stake in top-heavy, debt-ridden Cominco (CLT-T).Not anymore.Having shared management and corpor…


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