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Teck Resources Limited

After listing on the TSX Venture Exchange last March, Oroco Resource has already defined a resource at its Cerro Prieto gold-silver project in Sonora state, Mexico.

News March 2, 2009

Pace Pays Off With Rapid Resource For Oroco

VANCOUVER — It took only $1.25 million and five months of drilling for Oroco Resource (OCO-V) to define a promising resource at its Cerro Prieto project in Sonora state, Mexico, and there is every in…

Teck acquired the Quebrada Blanca copper mine (above) in Chile, through its acquisition of Aur Resources in 2007.

News March 2, 2009

Beleagured Teck Posts $607M Net Loss In Q4

VANCOUVER — Don Lindsay, the president and CEO of Teck (TCK. B-T, TCK-N), addressed the company’s heavy debt load and burgeoning fourth-quarter net loss in a conference call with investors on Feb 17.

News February 20, 2009

Barrick buys out Teck at Hemlo

In yet another asset sale to deal with its short-term debt crisis, Teck (YCK.B-T, TCK-N) is unloading its half stak…

The coarse ore storage bins at Teck's Pend Oreille zinc mine, in northeastern Washington state. The company is shutting down the operation -- which hasn't been profitable for two years -- in February.

News December 22, 2008

Teck To Close Pend Oreille Zinc Mine

Vancouver — As part of its efforts to wrestle down nearly US$10 billion of debt, Teck (TCK. B-T, TCK-n) will suspend operations at the Pend Oreille zinc mine, in northeastern Washington, two months f…

News December 15, 2008

Capoose On Track For Silver Quest

Vancouver — As part of its efforts to update a historical resource estimate, Silver Quest Resources (SQI-V, SQIFF-O) has confirmed silver and gold mineralization at its Capoose property, 185 km south…

Underground at Lundin Mining's Galmoy zinc-lead mine, in Kilkenny Cty., Ireland. HudBay Minerals has struck a contentious deal to take over Lundin, which is nearly $300 million in debt, valuing the company at around $2.08 per share.

News December 1, 2008

HudBay Bids For Lundin

Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …

News December 1, 2008

NovaGold Shutters Rock Creek Mine

Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to m…

Hauling coal at Teck's Greenhills project, in southeastern B. C. The diversified miner will likely have a difficult time paying down the US$9.8 billion in debt its acquisition of Fording Canadian Coal Trust left it with, especially if metals prices remain weak.

News November 24, 2008

Teck Wrestles With US$10B Debt

Vancouver — For the last few years, Teck (TCK. B-T, TCK-n) has been a reliable, dividend-paying investment option, a major mining company regularly recording substantial profits by cashing in on stro…

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