- Write by:
-
Saturday, December 29, 2018 - 12:19:15 PM
-
1029 Visit
-
Print
Mining News Pro - Teck Resources announced this week that it has acquired 12,500,000 common shares of Sun Metals, the Vancouver-based mineral exploration company.
According to Mining News Pro - As a result of the Acquisition, Teck now holds approximately 13.8% of Sun Metals’ outstanding common shares. Sun Metals is a mineral exploration company focused on advancing its flagship Stardust project located in northcentral British Columbia, Canada.
Sun Metals recently announced final results from its 2018 diamond drill program at Stardust, stating that is has been successful in identifying a major mineralized pathway leading toward the heart of a high-grade system. The program has highlighted target areas to focus on in 2019 that are prospective for adding tonnage to the existing resource at Stardust.
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange.
Last month Teck was named as one of Canada’s Top 100 Employers for 2018 by Mediacorp. Canada’s Top Employers program recognises companies for exceptional human resources programs and forward-thinking workplace policies.
“This award is a reflection of our talented and engaged employees whose commitment, enthusiasm and ability is critical to our ongoing success,” said Don Lindsay, President and CEO at Teck. “Teck is focused on building a culture of safety and employee engagement while supporting diversity, innovation and leadership development across our workforce.”
The recognition follows on from Teck being named to the Dow Jones Sustainability Index (DJSI) for the ninth straight year, putting its sustainability practices in the top 10% of the 2,500 largest companies in the S&P Global Broad Market Index (BMI).
Short Link:
https://www.miningnews.ir/En/News/320479
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric ...
The secretary-general of the International Seabed Authority is set to run for a third term leading the United ...
First Quantum Minerals said on Monday it is looking forward to talks with Panama’s new government to find a resolution ...
BHP has put South Africa and its mining sector on the spot. The $140 billion Australian group’s ambitious swoop on rival ...
First Quantum Minerals is looking forward to talks with the new administration in Panama and to work together to find a ...
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, on Wednesday missed first quarter ...
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company ...
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
No comments have been posted yet ...