Mining Explorers 2009: Japanese firms buy out Teck at PogoAlaska gold operation becomes first overseas mine operated by Sumitomo Metals Mining Shane Lasley Mining News
Sumitomo Metal Mining Co. Ltd. and Sumitomo Corporation closed a deal in July to purchase Teck Resources Ltd.’s 40 percent interest in the Pogo Gold Mine in Interior Alaska.
The transaction required the Japanese companies to pay Teck US$245 million, plus an undisclosed amount of working capital. As....
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Advancing Pogo
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