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Home / Metal News / Teck Acquires 21% Stake in San Nicolás Copper-Zinc Mine

Teck Acquires 21% Stake in San Nicolás Copper-Zinc Mine

Jul 6, 2017 18:38

Source:SMM

Teck Resources acquired a 21% stake in Goldcorp’s Zacatecas San Nicolás copper-zinc mine in Mexico for $50 million.

SHANGHAI, Jul. 6 (SMM) – Teck Resources acquired a 21% stake in Goldcorp’s Zacatecas San Nicolás copper-zinc mine in Mexico for $50 million.

The deal will be done in the third quarter of 2017.

Mexica Copper Production Slide in April but Zinc Output Jumps

SMM Analysis: LME Copper Inventory Surges on “Old Tricks”?

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Total zinc ingots inventories across seven major markets in China stood at 284,100 mt as of April 15, up 6,100 mt from April 8, down 3,700 mt from April 11.

Apr 15, 2022 17:49

Analysis

SMM China Zinc Inventory across Major Market Rose 6,100 mt on Week

Copper Scrap Traders were Eager to Ship

Shandong bare bright copper was quoted at 66,400-66,600 yuan/mt. The average price dropped 150 yuan/mt from the previous trading day.

Mar 31, 2022 14:54

SMM Comments

China's Copper Scrap Imports Increased in the First Two Months of 2022 YoY amid Tight Supply

According to the data released by the General Administration of Customs, P. R. China, China's imports of copper scrap in January and February were 162,900 mt and 109,800 mt respectively, both higher than the same period last year.

Mar 23, 2022 16:41

SMM Comments

China's Copper Scrap Imports Increased in the First Two Months of 2022 YoY amid Tight Supply

Premiums of #1 Copper Cathode were 60-140 yuan/mt in Henan

Premiums of #1 copper cathode were 60-140 yuan/mt in Henan, the average price dropped 65 yuan/mt from the previous trading day.

Mar 23, 2022 15:46

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Teck Acquires 21% Stake in San Nicolás Copper-Zinc Mine

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