January 25, 2010
Teck Resources announced that the previously-announced sale of a gold production interest from the Andacollo mine to Royal Gold, Inc. has closed. Compaņia Minera Teck Carmen de Andacollo has received US$218 million in cash and approximately 1.2 million common shares of Royal Gold in connection with the sale.
March 31, 2009
During the quarter reported copper production of 5,300 tonnes in the first quarter was similar to the same period last year, and sales volumes were the same as last year, also at 5,300 tonnes. The development of Andacollos concentrate project is progressing according to plan with production start up scheduled for 2010. The development consists of the construction of a 55,000 tonne per day concentrator