Teck Resources Ord Shs Class A T.TECK.A

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

Metals & Mining Industrial Metals & Minerals

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.

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Teck Resources Ord Shs Class A

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Comment by VOKBLVRon Aug 23, 2016 4:26pm

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Post# 25169404

RE:RE:RE:25% of world's zinc reserves

Really interesting move as Teck has the right to 70% of the Teena deposit by spending a few more million in exploration by 2018 (as per the current agreement with Rox). It is difficult to see how this agreement could be violated. If Mirandi thinks it has 49%- I think it has another think coming. This seemed like a no brainer last week and now it appears rather complicated when you consider the Teck back in rights.
I guess we will just have to wait and see. what transpires in the next qweek or so. In the overall scheme of things this will have no immediate effect on Teck but to lose 25% of the world's zinc reserves over a relatively small amount of money does not seem to me to be good business.

Welcome to the world of lawsuits over a mineral deposit.

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