Mining News; Teck seeks buyer for its share of PogoIn an effort to raise money to pay debt, Teck offers to sell gold assets; acknowledges current discussions with potential buyers Shane Lasley North of 60 Mining News
Burdens of plummeting base metal prices, a restrictive credit market and the need to repay a multi-billion-dollar bridge loan have prompted Teck Cominco Ltd. to move ahead with sales of its gold assets, including its share of the Pogo underground gold mine in Interior Alaska.
During a presentation g....
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Strong interest in gold assets By the numbers Higher grades, lower recoveries Drilling continues
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