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Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s):  TCKRF | TECK | T.TECK.B

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.


TSX:TECK.A - Post by User

Comment by cenderon Dec 07, 2015 8:05pm
210 Views
Post# 24363419

RE:At what point price..

RE:At what point price..Very hard to say but we do know Chile is currently paying a subsidy/top up  to small/medium producers  anytime POC falls below $2.50 , several medium size africa mines shut  due to low price , codelco cut expansion plans by 20%  along with most other large producers  but that willl take years to  effect actual supply . My focus is on demand  in India and Africa where build outs of power grids are just getting started  and will continue growing rapidly over next 10 years . I know India is using  20-30% more copper than last year  and could be the reason we do not see the  world copper stockpiles rising .
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