Pend Oreille Mine

Plunging power profits hit Teck

Vancouver — Artificially high power prices brought on by an energy shortage in the U.S. battered the bottom line of Teck Cominco (TEK-T) in the second quarter.The world’s largest zinc miner earned $8…

Teck takes hit in Q1

Vancouver — Poor base metal prices coupled with lower profits from power sales at Trail, B.C., substantially cut into Teck Cominco’s (TEK-T) net earnings during the first quarter.The major raked in a…

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…

Cominco makes grab for RFC

Cominco (TSE) is making a $31.3-million takeover bid for RFC Resource Finance (TSE), whose primary asset is the Pend Oreille zinc-lead property in northeastern Washington state.Cominco is offering $1….

RFC expands Pend Oreille play

Drilling has increased preliminary reserves by 39% at the Pend Oreille zinc project in northeastern Washington state.RFC Resource Finance (TSE) carried out a 21,918-ft. program, consisting of 21 holes…

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.