Canadian Stock Exchange Indices (June 02, 2003)
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Highland Valley Mine
Diversification boosts Teck Cominco (April 28, 2003)
Vancouver — An improved operating performance at the Trail smelter in British Columbia, combined with an 18% jump in the price of bullion, propelled the world’s largest zinc producer to a profit in t…
BC & Yukon Chamber gives Pezim Award to John Brock Bernanke
John Brock, president of Vancouver-based Badger and Co. Management, will receive the Murray Pezim Award from the British Columbia & Yukon Chamber of Mines.He and 10 other leaders in the west coast’s e…
Black gold offsets red ink for Teck
Vancouver — Low zinc and copper prices, combined with lower production at the company’s refineries, took their toll on Teck Cominco (TEK-T) in the third quarter. However, the diversified miner manage…
Dewatering Highland Valley will extend jobs
The government of British Columbia has approved a plan to prolong the life of the Highland Valley Copper mine, near Kamloops, and the jobs of its 950 workers.The mine was scheduled to close in mid-200…
Low Metal Prices take toll on Teck
Vancouver — Partly as a result of the merger that gave rise to Teck Cominco (TEK-T), the new entity has posted an after-tax net loss for the year of $21 million (or 17 per share) after asset writedo…
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…
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…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
Power sales drive Cominco (February 19, 2001)
Vancouver — Power sales to energy-strapped California have generated a financial windfall for Cominco (CLT-T). The company, now owned 50.1% by Teck (TEK-T), saw its profits double during 2000.The ste…
Teck gets boost from Cominco
By purchasing almost 5.2 million shares of Cominco (CLT-T) at a cost of $127 million in 2000, Teck (TEK-T) increased its ownership of the company to 50.1% and took steps to consolidate it as a subsidi…
Noranda
Vancouver — Improved earnings from coal operations and Cominco’s (CLT-T) solid financial performance helped Teck (TEK-T) post an impressive third-quarter profit.The Vancouver-based major tabled earni…