Teck Metals Ltd - Trail Operations

Writedowns take toll on Teck

Vancouver — The diversity in Teck Cominco’s (TEK-T) mining portfolio failed to offset the effect of plunging metal prices as the newly formed major posted a third-quarter loss of $105 million (or 62…


Teck Cominco braces for recession (October 15, 2001)

Vancouver — Plunging base metal prices have prompted Teck Cominco (TEK-T) to reduce the carrying value of non-operating properties by $154 million and take other non-cash charges of $15 million.The m…





Penoles options El Nino

Under an agreement with Toronto-based Diadem Resources (DIR-V), Mexican silver producer Industrias Peoles is earning an interest in the El Nino claim, west of the San Nicolas deposit held by Western …


NDT, Donner begin work at South Voisey’s Bay

Vancouver — NDT Ventures (NDE-V) and Donner Minerals (DML-V) have resumed work at their South Voisey’s Bay project in Labrador.Archeological work is under way, to be followed by gravity and electroma…


Pasminco appoints administrator

Troubled Australian zinc producer Pasminco has appointed an administrator to take over the company’s affairs after a standstill agreement with the company’s creditors broke down in September.Pasminco,…


Goldfields, Delta to merge

Vancouver — Goldfields and fellow Australian gold miner Delta Gold have inked a merger deal that will catapult the new company to the million-ounce-per-year level. The merged entity will rank as one …


Tritton takes another blow (September 24, 2001)

Teck Cominco (TEK-T) has decided not to continue work at Nord Pacific’s (NPF-T) Tritton copper project in New South Wales, Australia.Nord Pacific and Cominco had been investigating the feasibility of …


Falco options South Voisey’s Bay

Donner Minerals (DML-V) and Falconbridge (FL-T) have struck a deal over the South Voisey’s Bay nickel project in Labrador.The nickel major can earn a half-interest in a 624.5-sq.-km package of claims …


Rate cuts power Toronto rise

Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…


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