Quantcast

Latest Teck Resources Stories

2009-09-22 07:30:00

RDU: TSX-V VANCOUVER, Sept. 22 /PRNewswire-FirstCall/ - Radius Gold Inc. (TSX-V: RDU) is pleased to announce that it has agreed to option the Ten Mile Creek project to Solomon Resources Limited. Solomon can earn a 51% interest in the property by spending $2.5m on exploration and making staged cash and share payments of $500,000 cash and 1 million shares over 3 years, according to the following schedule: - Issuing to Radius 500,000 shares upon signing and TSX approval of the...

2009-04-06 05:00:00

DENVER, April 6 /PRNewswire/ -- ROYAL GOLD, INC. ("Royal Gold") (Nasdaq: RGLD; TSX: RGL), a leading precious metals royalty company, announced that it has signed a definitive agreement with a subsidiary of Teck Cominco Limited ("Teck") (TSX: TCK.A and TCK.B; NYSE: TCK), to acquire an interest in the gold production at the Andacollo mine located in Chile ("Andacollo Transaction"). The purchase price consists of $100 million in cash and approximately 4.5 million shares of Royal Gold common...

2008-10-29 15:00:21

Zazu Metals Corporation (TSX: ZAZ) ("Zazu") is pleased to announce a further 10 new drill hole results and 2 re-assayed drill holes from the summer development program at the Lik zinc - lead - silver deposit, 22km from the Red Dog zinc mine of Teck Cominco ("Teck") in northwestern Alaska. Intercept highlights include drill hole 171 with 25.3m at 16.3% zinc, 5.54% lead at a depth of 25.9m; and drill hole 157 with 8.23m at 18.28% zinc, 4.29% lead at a depth of 151.8m. Due to the shallow...

2008-10-28 06:00:24

Researched by Industrial Info Resources (Sugar Land, Texas) -- On October 23, Suncor Energy (NYSE:SU) (Calgary, Alberta) announced its capital spending plan for 2009. The $6 billion plan cuts planned spending by more than one-third for the year. The company has allocated approximately $3.6 billion to its Voyageur upgrader project, although the scaled-down spending will delay completion of the project by about one year. For details, view the entire article by subscribing to Industrial...

2008-10-27 09:00:35

Researched by Industrial Info Resources (Sugar Land, Texas) -- Teck Cominco Limited (TSX:TCK.B) (Vancouver, British Columbia) has reported a 13% decrease in its third-quarter 2008 profit of $432 million, down from $495 million in the same period last year. The company attributes the decline to the negative impact on its copper and zinc business units, as commodity prices dropped sharply at the end of the second quarter. For details, view the entire article by subscribing to Industrial...

2008-10-08 06:00:29

By Cameron French Tight credit conditions have put the squeeze on miners that had hoped to borrow to expand or sustain their operations, but the recent examples of Teck Cominco and Equinox Minerals show that financing is still available for certain projects. Equinox surprised markets last week when it said it had secured an $80 million loan to complete the Lumwana copper mine, which is under construction in Zambia. Coming amid a global credit squeeze that has already derailed one major...

2008-10-06 09:00:39

Zazu Metals Corporation (TSX: ZAZ) ("Zazu") is pleased to announce the successful conclusion of the summer development program at the Lik zinc - lead - silver deposit, 22km from the Red Dog zinc mine of Teck Cominco ("Teck") in northwestern Alaska. The field work was completed on time and Zazu currently has approximately US$5.5 million in its treasury. In total 58 drill holes were completed for a total of 6,900m or 22,400ft. To date Zazu received and released assays for 19 of the drill...

2008-10-01 12:00:22

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2008) - Teck Cominco Limited (TSX:TCK.A and TCK.B, NYSE:TCK) (Teck) is pleased to announce the launch of its simplified name and brand, Teck, and the formation of five new strategic business units specializing in copper, metallurgical coal, zinc, gold and energy. "Seven years ago when Teck Cominco was formed, two strong Canadian companies with a tradition of excellence in mining and metal refining were brought together. Since then, we've...

2008-09-26 18:00:45

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2008) - NovaGold Resources Inc. ("NovaGold") (TSX:NG)(AMEX:NG) today announced that it has obtained a secured bridge loan (the "Loan") in the amount of US$20 million from Auramet Trading, LLC ("Auramet"). Auramet, based in Fort Lee, New Jersey, is a leading merchant banking and advisory firm specializing in the global resource sector. The proceeds of the Loan will be used by NovaGold for general corporate purposes. The Loan matures on...

2008-09-24 15:00:43

Amador Gold Corp. (TSX-V: AGX) is pleased to announce a significant new gold discovery on its Loveland Nickel Copper project located approximately 35 kilometers northeast of Timmins, Ontario. This discovery was made in the course of drilling to further delineate and expand the Cominco Zone of nickel-copper mineralization. Drillhole LL08-13, collared to intersect the downdip extension of the Cominco Zone, intersected 6.37 g/t Au over a drilled width of 8.55 meters from 383.25 to 391.80...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
Related