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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Teck Seeking Sale of Stake in $8 Billon Coal Business
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Teck Seeking Sale of Stake in $8 Billon Coal Business
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herbie1
Feb 22, 2022 02:36PM

hmmm...electing to carve out 10% of a US $8 Billion operation, eh.  If Teck gets a buyer and they follow their new "copper-copper-copper" mandate then the US $800 Million raised is likely going towards their new "'Copper Growth'" division.  Interesting amount of capital raised.   Other than Schaft Creek I don't see anything in Teck's cupboard that is quite enough advanced, derisked and lucrative.   hmmm...


  




8 Recommendations
Re: Teck Seeking Sale of Stake in $8 Billon Coal Business
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LoneStar2
Feb 22, 2022 04:40PM
Re: Teck Seeking Sale of Stake in $8 Billon Coal Business
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MoneyK
Feb 22, 2022 05:49PM
Re: Teck Seeking Sale of Stake in $8 Billon Coal Business
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calvin123456789
Feb 22, 2022 07:17PM
Re: Teck Seeking Sale of Stake in $8 Billon Coal Business
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golfyeti
Feb 22, 2022 07:48PM
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