Teck Resources to Develop Namibian Copper Find-Shanghai Metals Market

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Teck Resources to Develop Namibian Copper Find

Industry News 09:53:23AM Dec 14, 2010 Source:SMM

JOHANNESBURG -(Dow Jones)- Teck Resources Ltd. (TCK: 57.24, -0.10, -0.17%) plans to go ahead with the development of the estimated 4 billion pound Haib copper project in Namibia following encouraging results from its latest drilling program, junior miner Afri-Can Marine Minerals Corp. (AFCMF: 0.06, +0.00, +0.00%) said Monday.

The Canadian mining company will exercise an option it holds on Haib, which is co-owned by Afri-Can and local company Deep South Mining Pty. Ltd.
 

 

 

 

 

 

 

 

 

Teck Resources to Develop Namibian Copper Find

Industry News 09:53:23AM Dec 14, 2010 Source:SMM

JOHANNESBURG -(Dow Jones)- Teck Resources Ltd. (TCK: 57.24, -0.10, -0.17%) plans to go ahead with the development of the estimated 4 billion pound Haib copper project in Namibia following encouraging results from its latest drilling program, junior miner Afri-Can Marine Minerals Corp. (AFCMF: 0.06, +0.00, +0.00%) said Monday.

The Canadian mining company will exercise an option it holds on Haib, which is co-owned by Afri-Can and local company Deep South Mining Pty. Ltd.