Pend Oreille Data
Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.
ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18
Kiska Regains Control of the Kliyul Project 2016-10-04
VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (
TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited ("Teck") notifying the Company that it is terminating the Kliyul Participation Agreement dated September 30, 2013 ("Agreement"). Under the terms of the Agreement, Teck completed IP geophysical surveys, archeological surveys, baseline water quality surveys, community engagement programs with local First Nations, and ~2,000 metres of diamond drilling in four holes, for a total expenditure of ~$3 million.
Teck Submits Regulatory Application for Quebrada Blanca Phase 2 2016-09-26
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) has, as part of the regulatory process, submitted the Social and Environmental Impact Assessment (SEIA) for its Quebrada Blanca Phase 2 Project (QB Phase 2) in northern Chile to the Region of Tarapacá Environmental Authority, consistent with the timing previously noted in the company's second quarter 2016 release.
Teck Announces Acquisition of Securities of Jet Gold 2016-08-31
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it acquired 8,333,333 common shares, and a $389,117 principal amount convertible debenture of Jet Gold Corp. ("Jet Gold"). Jet Gold issued the securities in satisfaction of $889,117 of indebtedness owing to a Teck subsidiary. Jet Gold had assumed the indebtedness in connection with its indirect acquisition of control over a 30% interest in Haib Minerals (PTY) Ltd., in which Teck indirectly holds a 70% interest. The common shares were issued for an aggregate price of $500,000, and the convertible debenture was issued for a price of $389,117. No cash consideration was paid by Teck and the purchase price was fully satisfied by set-off against the assumed indebtedness.
Pend Oreille Information
General 2015-05-10Teck previously operated Pend Oreille between 2004 and 2009, when it was placed on care and maintenance due to unfavourable market conditions. Regulatory and environmental permits were in place and the mine facilities had been maintained since 2009 in anticipation of the restart.
Nearby Location News
Kinross Reports 2015 Fourth-Quarter and Full-Year Results 2016-02-11
Full-Year 2015 Production at High End of Guidance Range and Costs at Low End; Company Forecasts Record Production and Lower All-In Sustaining Cost in 2016
Revett Mining Provides Update on Rock Creek Permitting and Troy Mine Care and Maintenance 2015-03-02
SPOKANE VALLEY, WASHINGTON--(Marketwired - March 2, 2015) - Revett Mining Company, Inc. (NYSE MKT:RVM)(TSX:RVM) today announced that the transition to care and maintenance at the Troy Mine was successfully completed during February 2015.
Eagle Graphite Incorporated Provides Corporate Update 2015-03-02
TORONTO, ONTARIO--(Marketwired - March 2, 2015) - Eagle Graphite Incorporated (TSX VENTURE:EGA)(FRANKFURT:NJGN) ("Eagle Graphite" or the "Company") provides its first corporate update as a publicly traded company including an overview of the Company's core project, strategy and corporate outlook. Eagle Graphite began trading on the TSX Venture Exchange ("TSXV") on January 22, 2015 after completing its reverse takeover transaction ("RTO") with Amerix Precious Metals Corporation ("Amerix"). Please see the Company's profile on SEDAR (www.SEDAR.com) for additional disclosure relating to the RTO.