Teck Resources Ltd. said this morning that its would be investing C$210 million at its Trail metallurgical operations to significantly increase its capacity to recycle end-of-life electronic waste (e-waste) and another C$475 million in a mill modernization project at Highland Valley Copper. Both operations are in British Columbia. “These projects will improve the long-term...
Teck Resources Ltd. said July 3 it has agreed to sell to China Investment Corp. shares that represent about 17.2% of its equity. It will use the net proceeds from the transaction of more than C$1.7 billion to reduce its debt. CIC has agreed to purchase through a wholly-owned subsidiary 101.3 million Class B...
When time were good — we’re talking as recently as the middle of 2008 — and copper was near $4 a pound, producers didn’t have an interest in hedging, sort of like gold producers today. Now, however, some are starting to take advantage of even small up-blips in the market, or slides in their...
