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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: CIC sells a few shares of Teck.B

https://www.reuters.com/markets/deals/china-investment-sells-some-shares-teck-resources-2023-07-05/

 

While CIC only sold 3,000 shares, it gave the reason as "CIC said the transaction was undertaken to adjust its portfolio." As a result CIC now holds "9.895% of the issued and outstanding Class B Shares."

I wonder if this paves the way for a Teck coal transaction to proceed....

K

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