Taseko Mines Ltd. says it has signed a deal to increase its stake in its Gibraltar copper mine in B.C. in an agreement worth at least $60 million.
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Taseko pays C$60m for additional stake in GibraltarBase metals miner Taseko on Wednesday announced a C$60-million transaction to buy an additional 12.5% interest in the Gibraltar copper mine, in Canada. The company will acquire the additional stake from Japanese trading house Sojitz, which earlier this month said it is selling its interest in the mine due to unstable operations, declining grade and increased risk of environmental liabilities.
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Teck Resources to split company and spin off steelmaking coal businessTeck Resources Ltd. has announced a plan to split the company into Teck Metals Corp. and Elk Valley Resources Ltd., which will hold its steelmaking coal business.
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Teck Resources to split company and spin off steelmaking coal businessTeck Resources Ltd. has announced a plan to split the company into Teck Metals Corp. and Elk Valley Resources Ltd.
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Teck Resources to split company and spin off steelmaking coal businessTeck Resources Ltd. has announced a plan to split the company into Teck Metals Corp. and Elk Valley Resources Ltd.
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Teck Resources to spin off steelmaking coal unit in restructuring drive(Reuters) -Teck Resources Ltd said on Tuesday it would be spinning off its steelmaking coal unit as the Canadian miner focuses on industrial metals such as copper, which are crucial to the global energy transition. After the separation, Teck will re-brand itself as Teck Metals Corp while the new divested unit will be listed in Toronto as Elk Valley Resources Ltd (EVR). Chief executive Jonathan Price said the divestiture would help simplify the company's portfolio, making it more appealing to investors and help the company focus on critical metals including copper.
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Teck Resources changes name to Teck Metals, spins off steelmaking coal unitTeck Resources has changed its name to Teck Metals and will spin off its steelmaking coal unit as Elk Valley Resources Ltd. Read more.
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